Notification before disposition of collateral

HRS §490:9-611 — under Chapter 490.

HRS §490:9-611

§490:9-611 Notification before disposition of collateral. (a) In this section, "notification date" means the earlier of the date on which:

(b) Except as otherwise provided in subsection (d), a secured party that disposes of collateral under section 490:9-610 shall send to the persons specified in subsection (c) a reasonable signed notification of disposition.

(c) To comply with subsection (b), the secured party shall send [a] signed notification of disposition to:

(d) Subsection (b) does not apply if the collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market.

(e) A secured party complies with the requirement for notification prescribed by subsection (c)(3)(B) if: