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Can you summarize NHRS 382-A:9-613?
UNIFORM COMMERCIAL CODE > Contents and Form of Notification Before Disposition of Collateral: General.
Short Summary
This legal document governs the contents and form of notification that must be provided before the disposition of collateral in non-consumer-goods transactions. The notification must include information such as the debtor and secured party’s description, the collateral subject to disposition, the method of intended disposition, the debtor’s entitlement to an accounting of unpaid indebtedness, and the time and place of public disposition or the time after which any other disposition will be made. The document specifies that the contents of a notification lacking any of the required information are a question of fact. It also allows for minor errors in the notification that are not seriously misleading. The document provides a suggested form of notification that includes the necessary information. However, it states that a particular phrasing of the notification is not required. It further provides instructions for completing the form of notification. This document applies to creditors and debtors involved in non-consumer-goods transactions, excluding consumer-goods transactions. No specific penalties are mentioned in this document.
Whom does it apply to?
Creditors and debtors involved in non-consumer-goods transactions
What does it govern?
Contents and form of notification before disposition of collateral
What are exemptions?
Consumer-goods transactions
What are the Penalties?
No penalties mentioned
Jurisdiction
New Hampshire