Alabama Code (Last Updated: November 28, 2014) |
Title7 COMMERCIAL CODE. |
Article9A. SECURED TRANSACTIONS. |
Part6. DEFAULT. |
Division1. Default and Enforcement of Security Interest. |
§7-9A-612. Timeliness of notification before disposition of collateral.
Latest version.
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(a) Reasonable time is question of fact. Except as otherwise provided in subsection (b), whether a notification is sent within a reasonable time is a question of fact.
(b) 10-day period sufficient in non-consumer transaction. In a transaction other than a consumer transaction, a notification of disposition sent after default and 10 days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition