| 2. Remedies for Noncompliance; Scope. Subsections (a) and |
(b) [Maine cite subsections (1) and (2)] provide the basic |
remedies afforded to those aggrieved by a secured party's failure |
to comply with this Article. Like all provisions that create |
liability, they are subject to Section 9-628 [Maine cite section |
9-1628], which should be read in conjunction with Section 9-605 |
[Maine cite section 9-1605]. The principal limitations under |
this Part on a secured party's right to enforce its security |
interest against collateral are the requirements that it proceed |
in good faith (Section 1-203), in a commercially reasonable |
manner (Sections 9-607 and 9-610 [Maine cite sections 9-1607 and |
9-1610]), and, in most cases, with reasonable notification |
(Sections 9-611 through 9-614 [Maine cite sections 9-1611 to 9- |
1614]. Following former Section 9-507, under subsection (a) |
[Maine cite subsection (1)] an aggrieved person may seek |
injunctive relief, and under subsection (b) [Maine cite |
subsection (2)] the person may recover damages for losses caused |
by noncompliance. Unlike former Section 9-507, however, |
subsections (a) and (b) [Maine cite subsections (1) and (2)] are |
not limited to noncompliance with provisions of this |
Part of |