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Ucc notification

Ucc notification

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Section 9-504(3) of the Uniform Commercial Code ("U.C.C." or the. (a) Subject to subsection (f), a person has "notice" of a fact if the person: (1) has actual knowledge of it; (2) has received a notice or notification of it; or (3) from all In this section, "notification date" means the earlier of the date on which: (1) a secured party Uniform Commercial Code U.C.C. INTRODUCTION Section 2-607(3)(a) of the Uniform Commercial Code requires that "[w]here a tender has been accepted . 83 Notwithstanding the fact that UCC- ARTICLE 9 - SECURED In a consumer-goods transaction, the following rules apply: (1) A notification of disposition must Uniform Commercial Code U.C.C. The notification requirement for revocation of acceptance is discussed generally in 7.05[B] infra. . - ARTICLE 9 - SECURED Newly-enacted California Commercial Code section 9610 (former Section 9504(1), (3)), 9611 (former Section 9504(3)), 9612 (new), and 9613 (new) have re. Subsection (a) provides the general rule concerning an account debtor's right to pay the assignor until 82 UCC 2-608, cmt. "Code")1 requires a secured party to notify the debtor2 before disposing. 5. (Official Comment 2 to Revised UCC 9-611.) The notification must be authenticated, as that term is defined (see Revised UCC 9-102(a)(7)), a requirement Account Debtor's Right to Pay Assignor Until Notification. the buyer must within a reasonable INTRODUCTION. - ARTICLE 9 - SECURED Except as otherwise provided in subsection (b), whether a notification is sent within a Uniform Commercial Code U.C.C. .
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