Wyoming § 34.1-9-613 Contents and form of notification before
disposition of collateral: general

Wyoming Statutes

§ 34.1-9-613 — Contents and form of notification before disposition of collateral: general

Wyoming·Title 34.1 Uniform Commercial Code·Art. 9 SECURED TRANSACTIONS

(a)Except in a consumer-goods transaction, the following rules apply:

(i)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.

(ii)Whether the contents of a notification that lacks any of the information specified in paragraph (i) are nevertheless sufficient is a question of fact;

(iii)The contents of a notification providing substantially t

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(a) Except in a consumer-goods transaction, the following
rules apply:
(i) 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.
(ii) Whether the contents of a notification that
lacks any of the information specified in paragraph (i) are
nevertheless sufficient is a question of fact;
(iii) The contents of a notification providing
substantially the information specified in paragraph (i) are
sufficient, even if the notification includes:
(A) Information not specified by that paragraph;
or
(B) Minor errors that are not seriously
misleading.
(iv) A particular phrasing of the notification is not
required;
(v) The following form of notification and the form
appearing in section 34.1-9-614(c), 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.

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