State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-9 > Section-55-9-612

55-9-612. Timeliness of notification before disposition of collateral.

(a)     Except as otherwise provided in Subsection (b) of this section, whether a notification is sent within a reasonable time is a question of fact.   

(b)     In a transaction other than a consumer transaction, a notification of disposition sent after default and ten days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.   

State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-9 > Section-55-9-612

55-9-612. Timeliness of notification before disposition of collateral.

(a)     Except as otherwise provided in Subsection (b) of this section, whether a notification is sent within a reasonable time is a question of fact.   

(b)     In a transaction other than a consumer transaction, a notification of disposition sent after default and ten days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-9 > Section-55-9-612

55-9-612. Timeliness of notification before disposition of collateral.

(a)     Except as otherwise provided in Subsection (b) of this section, whether a notification is sent within a reasonable time is a question of fact.   

(b)     In a transaction other than a consumer transaction, a notification of disposition sent after default and ten days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.