Section 400.9-613 Contents and form of notification before disposition of collateral: general.

MO Rev Stat § 400.9-613 (2019) (N/A)

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Effective 28 Aug 2002

400.9-613. Contents and form of notification before disposition of collateral: general. — Except in a consumer-goods transaction, the following rules apply:

(1) 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;

(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;

(2) Whether the contents of a notification that lacks any of the information specified in paragraph (1) are nevertheless sufficient is a question of fact;

(3) The contents of a notification providing substantially the information specified in paragraph (1) are sufficient, even if the notification includes:

(A) Information not specified by that paragraph; or

(B) Minor errors that are not seriously misleading;

(4) A particular phrasing of the notification is not required;

(5) The following form of notification and the form appearing in section 400.9-614(3), when completed, each provides sufficient information:

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(L. 2001 S.B. 288, A.L. 2002 S.B. 895)

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Section 400.9-614 Contents and form of notification before disposition of collateral: consumer goods transaction.