Except in a consumer-goods transaction, the following rules apply:
(1) The contents of a notification of disposition are sufficient if the notification: (A) Describes the debtor and the secured party;(B) Describes the collateral that is the subject of the intended disposition;(C) States the method of intended disposition;(D) States that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and(E) States the time and place of a public disposition or the time after which any other disposition is to be made.(2) Whether the contents of a notification that lacks any of the information specified in paragraph (1) of this section are nevertheless sufficient is a question of fact.(3) The contents of a notification providing substantially the information specified in paragraph (1) of this section are sufficient, even if the notification includes: (A) Information not specified by that paragraph; or(B) Minor errors that are not seriously misleading.(4) A particular phrasing of the notification is not required.(5) The following form of notification and the form appearing in section 9-614(3), when completed, each provides sufficient information: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]