11 ME Rev Stat § 9-1613 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 9-A: TRANSACTIONS|Part 6: DEFAULT|Subpart 1: DEFAULT AND ENFORCEMENT OF SECURITY INTEREST|11 §9-1613. Contents and form of notification before disposition of collateral: general

 §9-1613. Contents and form of notification before disposition of collateral: general Except in a consumer-goods transaction, the following rules apply.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).](1).  The contents of a notification of disposition are sufficient if the notification:   (a). Describes the debtor and the secured party;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).](b). Describes the collateral that is the subject of the intended disposition;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).](c). States the method of intended disposition;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).](d). States that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).](e). States the time and place of a public disposition or the time after which any other disposition is to be made.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).][PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (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.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (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   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).](b). Minor errors that are not seriously misleading.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).][PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (4).  A particular phrasing of the notification is not required.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (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 COLLATERALTo:[Name of debtor, obligor or other person to which the notification is sent]From:[Name, address, and telephone number of secured party]Name of Debtor(s): [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:Day and Date: ________________________ Time: ___________________________ Place: _______________________________[For a private disposition:]We will sell [or lease or license, as applicable] the [describe collateral] privately sometime after [day and date].You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell [or lease or license, as applicable] [for a charge of $ .........]. You may request an accounting by calling us at [telephone number].[End of Form]  [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] SECTION HISTORY PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).