South Carolina Statutes

§ 36-9-611 — Notification before disposition of collateral.

South Carolina·Title 36 COMMERCIAL CODE·Ch. 9 COMMERCIAL CODE—SECURED TRANSACTIONS
(a)In this section, "notification date" means the earlier of the date on which:
(1)a secured party sends to the debtor and any secondary obligor an authenticated notification of disposition; or (2) the debtor and any secondary obligor waive the right to notification.
(b)Except as otherwise provided in subsection (d), a secured party that disposes of collateral under Section 36-9-610 shall send to the persons specified in subsection (c) a reasonable authenticated notification of disposition.
(c)To comply with subsection (b), the secured party shall send an authenticated notification of disposition to:
(1)the debtor;
(2)any secondary obligor; and (3) if the collateral is other than consumer goods:
(A)any other person from which the secured party has received, before the notification d

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South Carolina § 36-9-611 (Notification before disposition of collateral.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 2001 Act No. 67, SECTION 12.

Nearby Sections

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