RS 10:9-612
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/la/title-10/10-385A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 10:9-612
§9-612. Timeliness of notification before disposition of collateral
(a)Reasonable time is question of fact. Except as otherwise provided in Subsection
(b)and (c), whether a notification is sent within a reasonable time is a question of fact.
(b)Ten-day period sufficient in non-consumer 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.
(c)Twenty-one-day period sufficient in consumer transaction. In a consumer transaction, a notification of disposition sent after default and twenty-one days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.
Acts 2001, No. 128, §1, eff. July 1, 2001.