Statutes > New Mexico Statutes > Chapter 55 - Uniform Commercial Code. > Article 9 - Secured Transactions, 55-9-101 through 55-9-710. > Section 55-9-612 - Timeliness of notification before disposition of collateral.

Section 55-9-612 - Timeliness of notification before disposition of collateral.

55-9-612. Timeliness of notification before disposition of collateral.

(a)     Except as otherwise provided in Subsection (b) of this section, whether a notification is sent within a reasonable time is a question of fact.   

(b)     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.