GEORGIA CODE (Last Updated: August 20, 2013) |
Title 11. COMMERCIAL CODE |
Article 9. SECURED TRANSACTIONS |
Part 6. DEFAULT |
Part 1. DEFAULT AND ENFORCEMENT OF SECURITY INTEREST |
Section 11-9-612. Timeliness of notification before disposition of collateral.
Latest version.
- (a) Reasonable time is question of fact. Except as otherwise provided in subsection (b) of this Code section, whether a notification is sent within a reasonable time is a question of fact.
(b) Ten-day period sufficient in nonconsumer 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.
Code 1981, § 11-9-612, enacted by Ga. L. 2001, p. 362, § 1.