Pennsylvania Statutes

§ 9612 — Timeliness of notification before disposition of collateral

Pennsylvania·Title 13 COMMERCIAL CODE·Ch. 96 DEFAULT·Subch. DEFAULT AND ENFORCEMENT OF SECURITY INTEREST
(a)Reasonable time is question of fact.--Except as otherwise provided in subsection (b), whether a notification is sent within a reasonable time is a question of fact.
(b)Ten-day period sufficient in nonconsumer transaction.--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.

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