Ask Reggi Your Question Now
Reggi is the free generative AI assistance for regulatory compliance
Can you summarize NHRS 382-A:9-612?
UNIFORM COMMERCIAL CODE > Timeliness of Notification Before Disposition of Collateral.
Short Summary
(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. Source. 2001, 102:25, eff. July 1, 2001.
Jurisdiction
New Hampshire