Practice question
Absent an applicable waiver or exception, when must Section51 disposition notification be sent?
- Not later than ten days before disposition
- Only after the collateral is sold
- Only ten years after default
- Only when the creditor feels ready after distribution
- Never in any case
Legal references
- RA11057 PPSA: https://lawphil.net/statutes/repacts/ra2018/ra_11057_2018.html Sections47(b),48(a),49,51–52.
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