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Secured Transactions Act · s 68
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Secured Transactions Act · s 68
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
A secured party who exercises a power of sale of the collateral under section 66 shall have a duty to obtain the best price reasonably obtainable at the time of sale to —
the debtor;
any person who has registered a financing statement in the collateral that is effective at the time the secured party repossessed the collateral; and
any person who has given the secured party notice that that person claims an interest in the collateral.