New Jersey § 12a:9-613
Full text of New Jersey New Jersey Statutes § 12a:9-613, with citation guidance and answers to common questions.
§ 12a:9-613.
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) are nevertheless sufficient is a question of fact. (3) The contents of a notification providing substantially the information specified
in paragraph (1) 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 12A: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 )
Frequently Asked Questions About New Jersey § 12a:9-613
What does New Jersey Statutes § 12a:9-613 cover?
Section 12a:9-613 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:9-613?
A common citation format is "New Jersey Statutes § 12a:9-613" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:9-613 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.