{"data":{"id":"us-me/11-m.r.s.-9-1611","jurisdiction":"us-me","citation":"11 M.R.S. §9-1611","heading":"Notification before disposition of collateral","body":"(1).   In this section, \"notification date\" means the earlier of the date on which:\n(a).  A secured party sends to the debtor and any secondary obligor a signed notification of disposition; or\n(b).  The debtor and any secondary obligor waive the right to notification.\n(2).   Except as otherwise provided in subsection (4), a secured party that disposes of collateral under section 9‑1610 shall send to the persons specified in subsection (3) a reasonable signed notification of disposition.\n(3).   To comply with subsection (2), the secured party shall send a signed notification of disposition to:\n(a).  The debtor;\n(b).  Any secondary obligor; and\n(c).  If the collateral is other than consumer goods:\n(i)  Any other person from which the secured party has received, before the notification date, a signed notification of a claim of an interest in the collateral;\n(ii)  Any other secured party or lienholder that, 10 days before the notification date, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:\n(A)  Identified the collateral;\n(B)  Was indexed under the debtor's name as of that date; and\n(C)  Was filed in the appropriate office in which to file a financing statement against the debtor covering the collateral as of that date; and\n(iii)  Any other secured party that, 10 days before the notification date, held a security interest in the collateral perfected by compliance with a statute, regulation or treaty described in section 9‑1311, subsection (1).\n(4).   Subsection (2) 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.\n(5).   A secured party complies with the requirement for notification prescribed by subsection (3), paragraph (c), subparagraph (ii) if:\n(a).  Not later than 20 days or earlier than 30 days before the notification date, the secured party requests, in a commercially reasonable manner, information concerning financing statements indexed under the debtor's name in the office indicated in subsection (3), paragraph (c), subparagraph (ii); and\n(b).  Before the notification date, the secured party:\n(i)  Did not receive a response to the request for information; or\n(ii)  Received a response to the request for information and sent a signed notification of disposition to each secured party or other lienholder named in that response whose financing statement covered the collateral.","path":["TITLE 11: UNIFORM COMMERCIAL CODE","PART 6: DEFAULT"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec9-1611.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"dcc1c6815b65e8d8da3fc71fa7fa84e3e5afc61409ee6e2bc7520adb4efcfe43","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-9-1610","next":"us-me/11-m.r.s.-9-1612"},"notice":"GroundRules: Original legal text. Not legal advice."}