- (a) Unless a creditor waives in a signed record the right to notification, an assignee shall send a notification of the assignment to each creditor known to the assignee within a reasonable time not to exceed thirty days after the effective date of the assignment agreement.
- (b) The notification must:
- (1) be in a record signed by the assignee;
- (2) include the assignee's name, address, and other contact information reasonably necessary to communicate with the assignee;
- (3) provide reasonable instructions for submitting a proof of claim using the method established by the assignee under subdivision (b)(5) of section 6-109; and
- (4) identify the date established under subdivision (b)(6) of section 6-109 by which each creditor whose claim is not otherwise allowed without a timely proof of claim under the Uniform Assignment for Benefit of Creditors Act must submit a proof of claim.
- (c) An assignee shall use reasonable means to provide the information in subsection (b) of this section to unknown creditors, including by any means the assignor regularly used to:
- (1) provide information to the assignor's creditors; or
- (2) communicate information about the assignor, other than advertising, to the public.
Source: Laws 2026, LB783, § 7. Effective Date: July 18, 2026