409.612 Timeliness of notification before disposition of collateral. - Wisconsin Statutes

409.612

409.612 Timeliness of notification before disposition of collateral.

409.612(1)

(1) Reasonable time is question of fact. Except as otherwise provided in sub. (2), whether a notification is sent within a reasonable time is a question of fact.

409.612(2)

(2) Ten-day period sufficient in nonconsumer transaction. In a transaction other than a consumer transaction, a notification of disposition sent after default and 10 days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.

409.612 - ANNOT.

History: 2001 a. 10.