United States — Louisiana Act or statute

United States — Louisiana legislation

RS 10:9-612

A notice of disposition is treated as sent within a reasonable time if it is sent after default and at least 10 days before disposition in a non-consumer transaction, or at least 21 days before disposition in a consumer…

collateral dispositionnotice timing

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“A notice of disposition is treated as sent within a reasonable time if it is sent after default and at least 10 days before disposition in a non-consumer transaction, or at least 21 days before disposition in a consumer transaction.”

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RS 10:9-612

A notice of disposition is treated as sent within a reasonable time if it is sent after default and at least 10 days before disposition in a non-consumer transaction, or at least 21 days before disposition in a consumer transaction.

Section 10:9-612

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§ 10:9-612RS 10:9-612Provision

A notice of disposition is treated as sent within a reasonable time if it is sent after default and at least 10 days before disposition in a non-consumer transaction, or at least 21 days before disposition in a consumer transaction.

§9-612. Timeliness of notification before disposition of collateral (a) Reasonable time is question of fact. Except as otherwise provided in Subsection (b) and (c), whether a notification is sent within a reasonable time is a question of fact. (b) Ten-day period sufficient in non-consumer 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. (c) Twenty-one-day period sufficient in consumer transaction. In a consumer transaction, a notification of disposition sent after default and twenty-one days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition. Acts 2001, No. 128, §1, eff. July 1, 2001.
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