Subsection (f) [Maine cite subsection (6)] adjusts for this lack of incentive. If the proceeds of a disposition of collateral to a secured party, a person related to the secured party, or a secondary obligor are "significantly below the range of proceeds that a complying disposition to a person other than the secured party, a person related to the secured party, or a secondary obligor would have brought," then instead of calculating a deficiency (or surplus) based on the actual net proceeds, the calculation is based upon the amount that would have been received in a commercially reasonable disposition to a person other than the secured party, a person related to the secured party, or a secondary obligor. Subsection (f) [Maine cite subsection (6)] thus rejects the view that the secured party's receipt of such a price necessarily constitutes noncompliance with Part 6. However, such a price may suggest the need for greater judicial scrutiny. See Section 9-610 [Maine cite section 9-1610], Comment 10.

7. "Person Related To." Section 9-102 [Maine cite section 9- 1102] defines "person related to." That term is a key element of the system provided in subsection (f) [Maine cite subsection (6)] for low-price dispositions. One part of the definition applies when the secured party is an individual, and the other applies when the secured party is an organization. The definition is patterned closely on the corresponding definition in Section 1.301(32) of the Uniform Consumer Credit Code.

§9-1616.__Explanation of calculation of surplus or deficiency

(1)__In this section:

(a)__"Explanation" means a writing that:

(i)__States the amount of the surplus or deficiency;