Texas Business & Commerce Code

§ 9.614 — CONTENTS AND FORM OF NOTIFICATION BEFORE DISPOSITION OF COLLATERAL: CONSUMER-GOODS TRANSACTION

BC § 9.614Title 1. UNIFORM COMMERCIAL CODE · Ch. 9. SECURED TRANSACTIONS · Art. F. DEFAULT

In a consumer-goods transaction, the following rules apply:

(1)A notification of disposition must provide the following information:

(A)the information specified in Section 9.613(1);

(B)a description of any liability for a deficiency of the person to which the notification is sent;

(C)a telephone number from which the amount that must be paid to the secured party to redeem the collateral under Section 9.623 is available; and

(D)a telephone number or mailing address from which additional information concerning the disposition and the obligation secured is available.

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Legislative history

Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.