{"data":{"id":"us-nc/n.c.-gen.-stat.-25-9-611","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-9-611","heading":"Notification before disposition of collateral.","body":"(a)\tNotification Date. - In this section, notification date means the date of the earlier of the following:\n(1)\tA secured party sends to the debtor and any secondary obligor a signed notification of disposition.\n(2)\tThe debtor and any secondary obligor waive the right to notification.\n(b)\tNotification of Disposition Required. - Except as otherwise provided in subsection (d) of this section, a secured party that disposes of collateral under G.S. 25-9-610 shall send to the persons specified in subsection (c) of this section a reasonable signed notification of disposition.\n(c)\tPersons to be Notified. - To comply with subsection (b) of this section, the secured party shall send a signed notification of disposition to all of the following:\n(1)\tThe debtor.\n(2)\tAny secondary obligor.\n(3)\tIf the collateral is other than consumer goods, all of the following:\na.\tAny 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.\nb.\tAny 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 meets all of the following requirements:\n1.\tIdentified the collateral.\n2.\tWas indexed under the debtor's name as of that date.\n3.\tWas filed in the office in which to file a financing statement against the debtor covering the collateral as of that date.\nc.\tAny 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 G.S. 25-9-311(a).\n(d)\tSubsection (b) Inapplicable to Perishable Collateral or Recognized Market. - Subsection (b) of this section 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(e)\tCompliance with Sub-Subdivision (c)(3)b. - A secured party complies with the requirement for notification prescribed by sub-subdivision (c)(3)b. of this section if both of the following apply:\n(1)\tNot 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 sub-subdivision (c)(3)b. of this section.\n(2)\tBefore the notification date, either of the following applied:\na.\tThe secured party did not receive a response to the request for information.\nb.\tThe secured party 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. (1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000-169, s. 1; 2025-25, s. 98.)","path":["Chapter 25. Uniform Commercial Code.","Article 9. Secured Transactions.","Part 6. Default."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-611.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"8cbdb8e2f8f41403dbbb852d7eda8aaef2504e0311e1ab196578936782b7a25a","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-9-610","next":"us-nc/n.c.-gen.-stat.-25-9-612"},"notice":"GroundRules: Original legal text. Not legal advice."}