Except in a consumer-goods transaction, the following rules apply:\n(1) The contents of a notification of disposition are sufficient if the notification:\n(A) describes the debtor and the secured party;\n(B) describes the collateral that is the subject of the intended disposition;\n(C) states the method of intended disposition;\n(D) states that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and\n(E) states the time and place of a public disposition or the time after which any other disposition is to be made.\n(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.\n(3) The contents of a notification providing substantially the information specified in paragraph (1) are sufficient, even if the notification includes:\n(A) information not specified by that paragraph; or\n(B) minor errors that are not seriously misleading.\n(4) A particular phrasing of the notification is not required.\n(5) The following form of notification and the form appearing in § 9–614(3), when completed, each provides sufficient usly misleading.\n(4) A particular phrasing of the notification is not required.\n(5) The following form of notification and the form appearing in § 9–614(3), when completed, each provides sufficient information:\nTo: [Name of debtor. obligor, or other person to which\nthe notification is sent]\nFrom: [Name address and telephone number of secured party]Name of\nDebtor(s):\n[Include only if debtor(s) are not an addressee]\n[For a public disposition:]\nWe will sell [or lease or license, as applicable] the ____ [describe collateral] [to the highest qualified bidder] in public as follows:\nDay and Date: ____\nTime: ____\nPlace: ____\n[For a private disposition:]\nWe will sell [or lease or license, as applicable] the ____ [describe collateral] privately sometime after ____ [day and date].\nYou 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].
U.S. Virgin Islands Legal Code
9 613
U.S. Virgin Islands § 9 613 — U.S. Virgin Islands law