Except in a consumer-goods transaction, the following rules apply:
(1) The contents of a notification of disposition are sufficient if the notification:
(2) Whether the contents of a notification that lacks any of the information specified in paragraph (1) are nevertheless sufficient is a question of fact.
(3) The contents of a notification providing substantially the information specified in paragraph (1) are sufficient, even if the notification includes:
(4) A particular phrasing of the notification is not required.
(5) The following form of notification and the form appearing in Section 75-9-614(3), when completed, each provides sufficient information:
Describes the debtor and the secured party;
Describes the collateral that is the subject of the intended disposition;
States the method of intended disposition;
States that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and
States the time and place of a public disposition or the time after which any other disposition is to be made.
Information not specified by that paragraph; or
Minor errors that are not seriously misleading.
NOTIFICATION OF DISPOSITION OF COLLATERAL To: [Name of debtor, obligor or other person to which the notification is sent] From: [Name, address and telephone number of secured party] Name of Debtor(s): [Include only if debtor(s) are not an addressee] [For a public disposition:] We will sell (or lease or license, as applicable) the [describe collateral] to the highest qualified bidder in public as follows: Day and Date: Time: Place: [For a private disposition:] We will sell (or lease or license, as applicable), the [describe collateral] privately sometime after [day and date]. You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell (or lease or license, as applicable) (for a charge of $). You may request an accounting by calling us at [telephone number]. [END OF FORM]