(a) In this section, "notification date" means the earlier of the date on which:

1. (1) a secured party sends to the debtor and any secondary obligor an authenticated notification of disposition; or
2. (2) the debtor and any secondary obligor waive the right to notification.

(c) To comply with subsection (b), the secured party shall send an authenticated notification of disposition to:

1. (1) the debtor;
2. (2) any secondary obligor; and

3. (3) if the collateral is other than consumer goods:

   1. (A) any other person from which the secured party has received, before the notification date, an authenticated notification of a claim of an interest in the collateral;

   2. (B) any other secured party or lienholder that, ten days before the notification date, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:

      1. (i) identified the collateral;
      2. (ii) was indexed under the debtor's name as of that date; and
      3. (iii) was filed in the office in which to file a financing statement against the debtor covering the collateral as of that date; and
   3. (C) any other secured party that, ten days before the notification date, held a security interest in the collateral perfected by compliance with a statute, regulation, or treaty described in Section 36-9-311(a).

(e) A secured party complies with the requirement for notification prescribed by subsection (c)(3)(B) if:

1. (1) not later than twenty days or earlier than thirty days before the notification date, the secured party requests, in a commercially reasonable manner, information concerning financing statements indexed under the debtor's name in the office indicated in subsection (c)(3)(B); and

2. (2) before the notification date, the secured party:

   1. (A) did not receive a response to the request for information; or
   2. (B) received a response to the request for information and sent an authenticated notification of disposition to each secured party or other lienholder named in that response whose financing statement covered the collateral.