Tex. Bus. & Com. Code Section 9.614
Contents and Form of Notification Before Disposition of Collateral: Consumer-goods Transaction

In a consumer-goods transaction, the following rules apply:

(1)

A notification of disposition must provide the following information:

(A)

the information specified in Section 9.613 (Contents and Form of Notification Before Disposition of Collateral: General)(1);

(B)

a description of any liability for a deficiency of the person to which the notification is sent;

(C)

a telephone number from which the amount that must be paid to the secured party to redeem the collateral under Section 9.623 (Right to Redeem Collateral) is available; and

(D)

a telephone number or mailing address from which additional information concerning the disposition and the obligation secured is available.

(2)

A particular phrasing of the notification is not required.

(3)

The following form of notification, when completed, provides sufficient information:
________________ [Name and address of secured party]
________________ [Date]
________________ [Name and address of any obligor who is also a debtor]
Subject: ___________ [Identification of Transaction]
We have your _________[describe collateral], because you broke promises in our agreement.
[For a public disposition:]
We will sell _________[describe collateral] at public sale. A sale could include a lease or license. The sale will be held as follows:
Date:_______________________________________
Time:_______________________________________
Place:______________________________________
You may attend the sale and bring bidders if you want.
[For a private disposition:]
We will sell ___________[describe collateral] at private sale sometime after ________[date]. A sale could include a lease or license.
The money that we get from the sale (after paying our costs) will reduce the amount you owe. If we get less money than you owe, you ________[will or will not, as applicable] still owe us the difference. If we get more money than you owe, you will get the extra money, unless we must pay it to someone else.
You can get the property back at any time before we sell it by paying us the full amount you owe (not just the past due payments), including our expenses. To learn the exact amount you must pay, call us at __________[telephone number].
If you want us to explain to you in writing how we have figured the amount that you owe us, you may call us at ______[telephone number] [or write us at _______[secured party’s address] ___________] and request a written explanation. [We will charge you $________ for the explanation if we sent you another written explanation of the amount you owe us within the last six months.]
If you need more information about the sale call us at _________ [telephone number] [or write us at ______ [secured party’s address] _______________].
We are sending this notice to the following other people who have an interest in _______________[describe collateral] or who owe money under your agreement:
______________________________________ [Names of all other debtors and obligors, if any]

(4)

A notification in the form of Subdivision (3) is sufficient, even if additional information appears at the end of the form.

(5)

A notification in the form of Subdivision (3) is sufficient, even if it includes errors in information not required by Subdivision (1), unless the error is misleading with respect to rights arising under this chapter.

(6)

If a notification under this section is not in the form of Subdivision (3), law other than this chapter determines the effect of including information not required by Subdivision (1).
Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.

Source: Section 9.614 — Contents and Form of Notification Before Disposition of Collateral: Consumer-goods Transaction, https://statutes.­capitol.­texas.­gov/Docs/BC/htm/BC.­9.­htm#9.­614 (accessed Jun. 5, 2024).

9.101
Short Title 9.102
Definitions and Index of Definitions 9.103
Purchase-money Security Interest 9.104
Control of Deposit Account 9.105
Control of Electronic Chattel Paper 9.106
Control of Investment Property 9.107
Control of Letter-of-credit Right 9.108
Sufficiency of Description 9.109
Scope 9.201
General Effectiveness of Security Agreement 9.202
Title to Collateral Immaterial 9.203
Attachment and Enforceability of Security Interest 9.204
After-acquired Property 9.205
Use or Disposition of Collateral Permissible 9.206
Security Interest Arising in Purchase or Delivery of Financial Asset 9.207
Rights and Duties of Secured Party Having Possession or Control of Collateral 9.208
Additional Duties of Secured Party Having Control of Collateral 9.209
Duties of Secured Party if Account Debtor Has Been Notified of Assignment 9.210
Request for Accounting 9.301
Law Governing Perfection and Priority of Security Interests 9.302
Law Governing Perfection and Priority of Agricultural Liens 9.303
Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title 9.304
Law Governing Perfection and Priority of Security Interests in Deposit Accounts 9.305
Law Governing Perfection and Priority of Security Interests in Investment Property 9.306
Law Governing Perfection and Priority of Security Interests in Letter-of-credit Rights 9.307
Location of Debtor 9.308
When Security Interest or Agricultural Lien Is Perfected 9.309
Security Interest Perfected Upon Attachment 9.310
When Filing Required to Perfect Security Interest or Agricultural Lien 9.311
Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties 9.312
Perfection of Security Interests in Chattel Paper, Deposit Accounts, Documents, and Goods Covered by Documents, Instruments, Investment Property, Virtual Currencies, Letter-of-credit Rights, and Money 9.313
When Possession by or Delivery to Secured Party Perfects Security Interest Without Filing 9.314
Perfection by Control 9.315
Secured Party’s Rights on Disposition of Collateral and in Proceeds 9.316
Effect of Change in Governing Law 9.317
Interests that Take Priority over or Take Free of Security Interest or Agricultural Lien 9.318
No Interest Retained in Right to Payment that Is Sold 9.319
Rights and Title of Consignee with Respect to Creditors and Purchasers 9.320
Buyers of Goods 9.321
Licensee of General Intangible and Lessee of Goods in Ordinary Course of Business 9.322
Priorities Among Conflicting Security Interests in and Agricultural Liens on Same Collateral 9.323
Future Advances 9.324
Priority of Purchase-money Security Interests 9.325
Priority of Security Interests in Transferred Collateral 9.326
Priority of Security Interests Created by New Debtor 9.327
Priority of Security Interests in Deposit Account 9.328
Priority of Security Interests in Investment Property 9.329
Priority of Security Interests in Letter-of-credit Right 9.330
Priority of Purchaser of Chattel Paper or Instrument 9.332
Transfer of Money 9.333
Priority of Certain Liens Arising by Operation of Law 9.334
Priority of Security Interests in Fixtures and Crops 9.335
Accessions 9.336
Commingled Goods 9.337
Priority of Security Interests in Goods Covered by Certificate of Title 9.338
Priority of Security Interest or Agricultural Lien Perfected by Filed Financing Statement Providing Certain Incorrect Information 9.339
Priority Subject to Subordination 9.340
Effectiveness of Right of Recoupment or Set-off Against Deposit Account 9.341
Bank’s Rights and Duties with Respect to Deposit Account 9.342
Bank’s Right to Refuse to Enter into or Disclose Existence of Control Agreement 9.401
Alienability of Debtor’s Rights 9.402
Secured Party Not Obligated on Contract of Debtor or in Tort 9.403
Agreement Not to Assert Defenses Against Assignee 9.404
Rights Acquired by Assignee 9.405
Modification of Assigned Contract 9.406
Discharge of Account Debtor 9.407
Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor’s Residual Interest 9.408
Restrictions on Assignment of Promissory Notes, Health-care-insurance Receivables, and Certain General Intangibles Ineffective 9.409
Restrictions on Assignment of Letter-of-credit Rights Ineffective 9.501
Filing Office 9.502
Contents of Financing Statement 9.503
Name of Debtor and Secured Party 9.504
Indication of Collateral 9.505
Filing and Compliance with Other Statutes and Treaties for Consignments, Leases, Other Bailments, and Other Transactions 9.506
Effect of Errors or Omissions 9.507
Effect of Certain Events on Effectiveness of Financing Statement 9.508
Effectiveness of Financing Statement if New Debtor Becomes Bound by Security Agreement 9.509
Persons Entitled to File a Record 9.510
Effectiveness of Filed Record 9.511
Secured Party of Record 9.512
Amendment of Financing Statement 9.513
Termination Statement 9.514
Assignment of Powers of Secured Party of Record 9.515
Duration and Effectiveness of Financing Statement 9.516
What Constitutes Filing 9.517
Effect of Indexing Errors 9.518
Claim Concerning Inaccurate or Wrongfully Filed Record 9.519
Numbering, Maintaining, and Indexing Records 9.520
Acceptance and Refusal to Accept Record 9.522
Maintenance and Destruction of Records 9.523
Information from Filing Office 9.524
Delay by Filing Office 9.525
Fees 9.526
Filing-office Rules 9.527
Duty to Report 9.601
Rights After Default 9.602
Waiver and Variance of Rights and Duties 9.603
Agreement on Standards Concerning Rights and Duties 9.604
Procedure if Security Agreement Covers Real Property or Fixtures 9.605
Unknown Debtor or Secondary Obligor 9.606
Time of Default for Agricultural Lien 9.607
Collection and Enforcement by Secured Party 9.608
Application of Proceeds of Collection or Enforcement 9.609
Secured Party’s Right to Take Possession After Default 9.610
Disposition of Collateral After Default 9.611
Notification Before Disposition of Collateral 9.612
Timeliness of Notification Before Disposition of Collateral 9.613
Contents and Form of Notification Before Disposition of Collateral: General 9.614
Contents and Form of Notification Before Disposition of Collateral: Consumer-goods Transaction 9.615
Application of Proceeds of Disposition 9.616
Explanation of Calculation of Surplus or Deficiency 9.617
Rights of Transferee of Collateral 9.618
Rights and Duties of Certain Secondary Obligors 9.619
Transfer of Record or Legal Title 9.620
Acceptance of Collateral in Full or Partial Satisfaction of Obligation 9.621
Notification of Proposal to Accept Collateral 9.622
Effect of Acceptance of Collateral 9.623
Right to Redeem Collateral 9.624
Waiver 9.625
Remedies for Secured Party’s Failure to Comply with Chapter 9.626
Action in Which Deficiency or Surplus Is in Issue 9.627
Determination of Whether Conduct Was Commercially Reasonable 9.628
Nonliability and Limitation on Liability of Secured Party 9.701
Effective Date of Revisions 9.702
Saving Clause 9.703
Security Interest Perfected Before Effective Date 9.704
Security Interest Unperfected Before Effective Date 9.705
Effectiveness of Action Taken Before Effective Date 9.706
When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement 9.707
Amendment of Pre-effective-date Financing Statement 9.708
Persons Entitled to File Initial Financing Statement or Continuation Statement 9.709
Priority 9.801
Effective Date of Amendments 9.802
Saving Clause 9.803
Security Interest Perfected Before Effective Date 9.804
Security Interest Unperfected Before Effective Date 9.805
Effectiveness of Action Taken Before Effective Date 9.806
When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement 9.807
Amendment of Pre-effective-date Financing Statement 9.808
Person Entitled to File Initial Financing Statement or Continuation Statement 9.809
Priority 9.1071
Control of Virtual Currency 9.5185
Fraudulent Filing 9.5211
Uniform Form of Written Financing Statement and Amendment
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 9.614’s source at texas​.gov