Sec. 9614.
In a consumer-goods transaction, the following rules apply:
(a) A notification of disposition must provide all of the following information:
(i) The information specified in section 9613(a).
(ii) A description of any liability for a deficiency of the person to which the notification is sent.
(iii) A telephone number from which the amount that must be paid to the secured party to redeem the collateral under section 9623 is available.
(iv) 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:
(d) A notification in the form of subdivision (c) is sufficient, even if additional information appears at the end of the form.
(e) A notification in the form of subdivision (c) is sufficient, even if it includes errors in information not required by subdivision (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 subdivision (c), law other than this article determines the effect of including information not required by subdivision (a).
History: Add. 2000, Act 348, Eff. July 1, 2001
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