Sec. 9-624. Waiver.
104 words·~1 min read·
/il/chapter-810/act-5/9-624A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 9-624. Waiver.
(a)Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under Section 9-611 only by an agreement to that effect entered into and signed after default.
(b)Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under Section 9-620(e) only by an agreement to that effect entered into and signed after default.
(c)Waiver of redemption right. A debtor or secondary obligor may waive the right to redeem collateral under Section 9-623 only by an agreement to that effect entered into and signed after default.