§490:9-613  Contents and form of
notification before disposition of collateral:  general.  Except 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 section 490:9-614(3), when completed, each provides sufficient
information:



NOTIFICATION
OF DISPOSITION OF COLLATERAL



To:      [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) are
not an 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]     .



[L 2000, c 241, pt of §1; am L 2001, c 228, §9]