Section 4-9-613 - Contents and form of notification before disposition of collateral: GeneralExcept in a consumer-goods transaction, the following rules apply:
(1) The contents of a notification of disposition are sufficient if the notification: (A) describes the debtor and the secured party;(B) describes the collateral that is the subject of the intended disposition;(C) states the method of intended disposition;(D) states that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and(E) states the time and place of a public disposition or the time after which any other disposition is to be made.(2) Whether the contents of a notification that lacks any of the information specified in paragraph (1) are nevertheless sufficient is a question of fact.(3) The contents of a notification providing substantially the information specified in paragraph (1) are sufficient, even if the notification includes:(A) information not specified by that paragraph; or(B) minor errors that are not seriously misleading.(4) A particular phrasing of the notification is not required.(5) The following form of notification and the form appearing in § 4-9-614(3), when completed, each provides sufficient information: Click here to view form.
Acts 2001, No. 1439, § 1.