Kentucky Statutes 355.9-612 – Timeliness of notification before disposition of collateral
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(1) Except as otherwise provided in subsection (2) of this section, whether a notification is sent within a reasonable time is a question of fact.
(2) In a transaction other than a consumer transaction, a notification of disposition sent after default and ten (10) days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.
Effective: July 1, 2001
History: Created 2000 Ky. Acts ch. 408, sec. 130, effective July 1, 2001.
(2) In a transaction other than a consumer transaction, a notification of disposition sent after default and ten (10) days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.
Effective: July 1, 2001
History: Created 2000 Ky. Acts ch. 408, sec. 130, effective July 1, 2001.