Legislation
SECTION 9-614
Contents and Form of Notification Before Disposition of Collateral: Consumer-goods Transaction
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 9, PART 6, SUBPART 1
* Section 9--614. Contents and Form of Notification Before Disposition
of Collateral: Consumer-goods Transaction.
In a consumer-goods transaction, the following rules apply:
(a) A notification of disposition must provide the following
information:
(1) the information specified in Section 9--613(a);
(2) a description of any liability for a deficiency of the person
to which the notification is sent;
(3) a telephone number from which the amount that must be paid to
the secured party to redeem the collateral under Section
9--623 is available; and
(4) a telephone number or mailing address from which additional
information concerning the disposition and the obligation
secured is available.
(b) A particular phrasing of the notification is not required.
(c) The following form of notification, when completed, provides
sufficient information:
(Name and address of secured party)
(Date)
NOTICE OF OUR PLAN TO SELL PROPERTY
(Name and address of any obligor who is also a debtor)
Subject: (Identification of Transaction)
We have your (describe collateral), because you broke promises in our
agreement.
(For a public disposition:)
We will sell (describe collateral) at public sale. A sale could include
a lease or license. The sale will be held as follows:
Date: ____________________
Time: ____________________
Place: ____________________
You may attend the sale and bring bidders if you want.
(For a private disposition:)
We will sell (describe collateral) at private sale sometime after
(date). A sale could include a lease or license.
The money that we get from the sale (after paying our costs) will reduce
the amount you owe. If we get less money than you owe, you (will or will
not, as applicable) still owe us the difference. If we get more money
than you owe, you will get the extra money, unless we must pay it to
someone else.
You can get the property back at any time before we sell it by paying us
the full amount you owe (not just the past due payments), including our
expenses. To learn the exact amount you must pay, call us at (telephone
number).
If you want us to explain to you in writing how we have figured the
amount that you owe us, you may call us at (telephone number) (or write
us at (secured party's address)) and request a written explanation. (We
will charge you $ for the explanation if we sent you another written
explanation of the amount you owe us within the last six months.)
If you need more information about the sale call us at (telephone
number) (or write us at (secured party's address) ).
We are sending this notice to the following other people who have an
interest in (describe collateral) or who owe money under your agreement:
(Names of all other debtors and obligors, if any)
(d) A notification in the form of subsection (c) is sufficient, even
if additional information appears at the end of the form.
(e) A notification in the form of subsection (c) is sufficient, even
if it includes errors in information not required by subsection (a),
unless the error is misleading with respect to rights arising under this
article.
(f) If a notification under this section is not in the form of
subsection (c), law other than this article determines the effect of
including information not required by subsection (a).
* NB Effective until June 3, 2026
* Section 9--614. Contents and Form of Notification Before Disposition
of Collateral: Consumer-goods Transaction.
(a) Contents and form of notification. In a consumer-goods transaction,
the following rules apply:
(1) A notification of disposition must provide the following
information:
(A) the information specified in Section 9--613(a);
(B) a description of any liability for a deficiency of the person
to which the notification is sent;
(C) a telephone number from which the amount that must be paid to
the secured party to redeem the collateral under Section
9--623 is available; and
(D) a telephone number or mailing address from which additional
information concerning the disposition and the obligation
secured is available.
(2) A particular phrasing of the notification is not required.
(3) The following form of notification, when completed in accordance
with the instructions in subsection (b), provides sufficient
information:
(Name and address of secured party)
(Date)
NOTICE OF OUR PLAN TO SELL PROPERTY
(Name and address of any obligor who is also a debtor)
Subject: (Identification of Transaction)
We have your (describe collateral), because you broke promises in our
agreement.
{1} We will sell (describe collateral) at public sale. A sale could
include a lease or license. The sale will be held as follows:
Date: ____________________
Time: ____________________
Place: ____________________
You may attend the sale and bring bidders if you want.
{2} We will sell (describe collateral) at private sale sometime after
(date). A sale could include a lease or license.
{3} The money that we get from the sale, after paying our costs, will
reduce the amount you owe. If we get less money than you owe, you (will
or will not, as applicable) still owe us the difference. If we get more
money than you owe, you will get the extra money, unless we must pay it
to someone else.
{4} You can get the property back at any time before we sell it by
paying us the full amount you owe, not just the past due payments,
including our expenses. To learn the exact amount you must pay, call us
at (telephone number).
{5} If you want us to explain to you in writing or in (description of
electronic record) (description of electronic record) how we have
figured the amount that you owe us, {6} call us at (telephone number) or
write us at (secured party's address) or contact us by (description of
electronic communication method) {7} and request a written explanation
or an explanation in (description of electronic record) an explanation
in (description of electronic record).
{8} We will charge you $ (amount) for the explanation if we sent you
another written explanation of the amount you owe us within the last six
months.
{9} If you need more information about the sale call us at (telephone
number) or write us at (secured party's address) or contact us by
(description of electronic communication method).
{10} We are sending this notice to the following other people who have
an interest in (describe collateral) or who owe money under your
agreement:
(Names of all other debtors and obligors, if any)
(End of Form)
(4) A notification in the form of paragraph (3) is sufficient, even if
additional information appears at the end of the form.
(5) A notification in the form of paragraph (3) is sufficient, even if
it includes errors in information not required by paragraph (3), unless
the error is misleading with respect to rights arising under this
article.
(6) If a notification under this section is not in the form of
paragraph (3), law other than this article determines the effect of
including information not required by paragraph (3).
(b) Instructions for form of notification. The following instructions
apply to the form of notification in subsection (a)(3):
(1) The instructions in this subsection refer to the numbers in braces
before items in the form of notification in subsection (a)(3). Do not
include the numbers or braces in the notification. The numbers and
braces are used only for the purpose of these instructions.
(2) Include and complete either item {1}, if the notification relates
to a public disposition of the collateral, or item {2}, if the
notification relates to a private disposition of the collateral.
(3) Include and complete items {3}, {4}, {5}, {6}, and {7}.
(4) In item {5}, include and complete any one of the three alternative
methods for the explanation--writing, writing or electronic record, or
electronic record.
(5) In item {6}, include the telephone number. In addition, the sender
may include and complete either or both of the two additional
alternative methods of communication--writing or electronic
communication-for the recipient of the notification to communicate with
the sender. Neither of the two additional methods of communication is
required to be included.
(6) In item {7}, include and complete the method or methods for the
explanation--writing, writing or electronic record, or electronic
record--included in item {5}.
(7) Include and complete item {8} only if a written explanation is
included in item {5} as a method for communicating the explanation and
the sender will charge the recipient for another written explanation.
(8) In item {9}, include either the telephone number or the address or
both the telephone number and the address. In addition, the sender may
include and complete the additional method of communication--electronic
communication--for the recipient of the notification to communicate with
the sender. The additional method of electronic communication is not
required to be included.
(9) If item {10} does not apply, insert "None" after "agreement:".
* NB Effective June 3, 2026
of Collateral: Consumer-goods Transaction.
In a consumer-goods transaction, the following rules apply:
(a) A notification of disposition must provide the following
information:
(1) the information specified in Section 9--613(a);
(2) a description of any liability for a deficiency of the person
to which the notification is sent;
(3) a telephone number from which the amount that must be paid to
the secured party to redeem the collateral under Section
9--623 is available; and
(4) a telephone number or mailing address from which additional
information concerning the disposition and the obligation
secured is available.
(b) A particular phrasing of the notification is not required.
(c) The following form of notification, when completed, provides
sufficient information:
(Name and address of secured party)
(Date)
NOTICE OF OUR PLAN TO SELL PROPERTY
(Name and address of any obligor who is also a debtor)
Subject: (Identification of Transaction)
We have your (describe collateral), because you broke promises in our
agreement.
(For a public disposition:)
We will sell (describe collateral) at public sale. A sale could include
a lease or license. The sale will be held as follows:
Date: ____________________
Time: ____________________
Place: ____________________
You may attend the sale and bring bidders if you want.
(For a private disposition:)
We will sell (describe collateral) at private sale sometime after
(date). A sale could include a lease or license.
The money that we get from the sale (after paying our costs) will reduce
the amount you owe. If we get less money than you owe, you (will or will
not, as applicable) still owe us the difference. If we get more money
than you owe, you will get the extra money, unless we must pay it to
someone else.
You can get the property back at any time before we sell it by paying us
the full amount you owe (not just the past due payments), including our
expenses. To learn the exact amount you must pay, call us at (telephone
number).
If you want us to explain to you in writing how we have figured the
amount that you owe us, you may call us at (telephone number) (or write
us at (secured party's address)) and request a written explanation. (We
will charge you $ for the explanation if we sent you another written
explanation of the amount you owe us within the last six months.)
If you need more information about the sale call us at (telephone
number) (or write us at (secured party's address) ).
We are sending this notice to the following other people who have an
interest in (describe collateral) or who owe money under your agreement:
(Names of all other debtors and obligors, if any)
(d) A notification in the form of subsection (c) is sufficient, even
if additional information appears at the end of the form.
(e) A notification in the form of subsection (c) is sufficient, even
if it includes errors in information not required by subsection (a),
unless the error is misleading with respect to rights arising under this
article.
(f) If a notification under this section is not in the form of
subsection (c), law other than this article determines the effect of
including information not required by subsection (a).
* NB Effective until June 3, 2026
* Section 9--614. Contents and Form of Notification Before Disposition
of Collateral: Consumer-goods Transaction.
(a) Contents and form of notification. In a consumer-goods transaction,
the following rules apply:
(1) A notification of disposition must provide the following
information:
(A) the information specified in Section 9--613(a);
(B) a description of any liability for a deficiency of the person
to which the notification is sent;
(C) a telephone number from which the amount that must be paid to
the secured party to redeem the collateral under Section
9--623 is available; and
(D) a telephone number or mailing address from which additional
information concerning the disposition and the obligation
secured is available.
(2) A particular phrasing of the notification is not required.
(3) The following form of notification, when completed in accordance
with the instructions in subsection (b), provides sufficient
information:
(Name and address of secured party)
(Date)
NOTICE OF OUR PLAN TO SELL PROPERTY
(Name and address of any obligor who is also a debtor)
Subject: (Identification of Transaction)
We have your (describe collateral), because you broke promises in our
agreement.
{1} We will sell (describe collateral) at public sale. A sale could
include a lease or license. The sale will be held as follows:
Date: ____________________
Time: ____________________
Place: ____________________
You may attend the sale and bring bidders if you want.
{2} We will sell (describe collateral) at private sale sometime after
(date). A sale could include a lease or license.
{3} The money that we get from the sale, after paying our costs, will
reduce the amount you owe. If we get less money than you owe, you (will
or will not, as applicable) still owe us the difference. If we get more
money than you owe, you will get the extra money, unless we must pay it
to someone else.
{4} You can get the property back at any time before we sell it by
paying us the full amount you owe, not just the past due payments,
including our expenses. To learn the exact amount you must pay, call us
at (telephone number).
{5} If you want us to explain to you in writing or in (description of
electronic record) (description of electronic record) how we have
figured the amount that you owe us, {6} call us at (telephone number) or
write us at (secured party's address) or contact us by (description of
electronic communication method) {7} and request a written explanation
or an explanation in (description of electronic record) an explanation
in (description of electronic record).
{8} We will charge you $ (amount) for the explanation if we sent you
another written explanation of the amount you owe us within the last six
months.
{9} If you need more information about the sale call us at (telephone
number) or write us at (secured party's address) or contact us by
(description of electronic communication method).
{10} We are sending this notice to the following other people who have
an interest in (describe collateral) or who owe money under your
agreement:
(Names of all other debtors and obligors, if any)
(End of Form)
(4) A notification in the form of paragraph (3) is sufficient, even if
additional information appears at the end of the form.
(5) A notification in the form of paragraph (3) is sufficient, even if
it includes errors in information not required by paragraph (3), unless
the error is misleading with respect to rights arising under this
article.
(6) If a notification under this section is not in the form of
paragraph (3), law other than this article determines the effect of
including information not required by paragraph (3).
(b) Instructions for form of notification. The following instructions
apply to the form of notification in subsection (a)(3):
(1) The instructions in this subsection refer to the numbers in braces
before items in the form of notification in subsection (a)(3). Do not
include the numbers or braces in the notification. The numbers and
braces are used only for the purpose of these instructions.
(2) Include and complete either item {1}, if the notification relates
to a public disposition of the collateral, or item {2}, if the
notification relates to a private disposition of the collateral.
(3) Include and complete items {3}, {4}, {5}, {6}, and {7}.
(4) In item {5}, include and complete any one of the three alternative
methods for the explanation--writing, writing or electronic record, or
electronic record.
(5) In item {6}, include the telephone number. In addition, the sender
may include and complete either or both of the two additional
alternative methods of communication--writing or electronic
communication-for the recipient of the notification to communicate with
the sender. Neither of the two additional methods of communication is
required to be included.
(6) In item {7}, include and complete the method or methods for the
explanation--writing, writing or electronic record, or electronic
record--included in item {5}.
(7) Include and complete item {8} only if a written explanation is
included in item {5} as a method for communicating the explanation and
the sender will charge the recipient for another written explanation.
(8) In item {9}, include either the telephone number or the address or
both the telephone number and the address. In addition, the sender may
include and complete the additional method of communication--electronic
communication--for the recipient of the notification to communicate with
the sender. The additional method of electronic communication is not
required to be included.
(9) If item {10} does not apply, insert "None" after "agreement:".
* NB Effective June 3, 2026