LD 2245
pg. 399
Page 398 of 493 An Act to Adopt the Model Revised Article 9 Secured Transactions Page 400 of 493
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LR 1087
Item 1

 
(d)__States that the debtor is entitled to an accounting of
the unpaid indebtedness and states the charge, if any, for
an accounting; and

 
(e)__States the time and place of a public sale or the time
after which any other disposition is to be made.

 
(2)__Whether the contents of a notification that lacks any of
the information specified in subsection (1) are nevertheless
sufficient is a question of fact.

 
(3)__The contents of a notification providing substantially
the information specified in subsection (1) are sufficient, even
if the notification includes:

 
(a)__Information not specified by that subsection; or

 
(b)__Minor errors that are not seriously misleading.

 
(4)__A particular phrasing of the notification is not
required.

 
(5)__The following form of notification or the form appearing
in section 9-1614, subsection (3), when completed, provides
sufficient information:

 
NOTIFICATION OF DISPOSITION OF COLLATERAL

 
[Name of debtor, obligor or other person to
which the notification is sent]

 
[Name, address, and telephone number of
secured party]

 
[Include only if debtor(s) not addressee]

 
[For a public disposition:]

 
We will sell [or lease or license, as applicable] the
[describe collateral] [to the highest qualified bidder] in public
as follows:

 
__________

 
__________

 
__________

 
[For a private disposition:]


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