§ 51512. Notice
TITLE 4: ECONOMIC RESOURCES DIVISION 5: BUSINESS REGULATION § 51512. Notice. (a) Except as otherwise provided in subsection (b), the notice of a lien must be given by delivery in person or by registered or certified letter addressed to the last known place of business or abode of: (1) The legal owner and registered owner of the property. (2) Each person who holds a security interest in the property. If no address is known, the notice must be addressed to that person at the place where the lien claimant has his place of business. (b) The notice must contain: (1) An itemized statement of the claim, showing the sum due at the time of the notice and the date when it became due. (2) A brief description of the motor vehicle, heavy equipment vehicle, mo- tor bus, motor carrier, motorcycle, moped, motor scooter, motor equipment, or trailer against which the lien exists. (3) A demand that the amount of the claim as stated in the notice, and of any further claim as may accrue, must be paid on or before a day mentioned. (4) A statement that unless the claim is paid within the time specified the motor vehicle, heavy equipment vehicle, motor bus, motor carrier, motorcycle, moped, motor scooter, motor equipment, or trailer will be advertised for sale, and sold by auction at a specified time and place. (c) The lienholder shall determine a day for the purposes of the demand in subsection (b)(3). The day mentioned must be: (1) Not less than 10 days after the delivery of the notice if it is personally delivered; or (2) Not less than 10 days after the time when the notice should reach its destination, according to the due course of post, if the notice is sent by mail. Source: PL 15-117, § 2(51412).
Source: CNMI Law Revision Commission