§ 9—613. Contents and form of notification before disposition of collateral: general
(a) 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;
(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.
(2) Whether the contents of a notification that lacks any of the information specified
in subdivision (1) of this section are nevertheless sufficient is a question of fact.
(3) The contents of a notification providing substantially the information specified in
subdivision (1) of this section 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 subdivision 9—614(a)(3)
of this title, when completed in accordance with the instructions in subsection (b)
of this section and subsection 9—614(b) of this title, 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)
{1} Name of any debtor that is not an addressee: (Name of each debtor)
{2} We will sell (describe collateral) (to the highest qualified bidder) at public
sale. A sale could include a lease or license. The sale will be held as follows:
(Date)
(Time)
(Place)
{3} We will sell (describe collateral) at private sale sometime after (date). A sale
could include a lease or license.
{4} You are entitled to an accounting of the unpaid indebtedness secured by the property
that we intend to sell or, as applicable, lease or license.
{5} If you request an accounting you must pay a charge of $ (amount).
{6} You may request an accounting by calling us at (telephone number).
(b) The following instructions apply to the form of notification in subdivision (a)(5)
of this section:
(1) The instructions in this subsection refer to the numbers in braces before items in
the form of notification in subdivision (a)(5) of this section. 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 item {1} only if there is a debtor that is not an addressee of
the notification and list the name or names.
(3) Include and complete either item {2}, if the notification relates to a public disposition
of the collateral, or item {3}, if the notification relates to a private disposition
of the collateral. If item {2} is included, include the words “to the highest qualified
bidder” only if applicable.
(4) Include and complete items {4} and {6}.
(5) Include and complete item {5} only if the sender will charge the recipient for an
accounting. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001; amended 2001, No. 46, § 8; 2025, No. 17, § 9, eff. July 1, 2025.)