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Code · Louisiana · Title 10 — Commercial Laws

RS 10:9-624

123 words·~1 min read·/la/title-10/10-397

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RS 10:9-624
§9-624. Waiver
(a)Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under R.S. 10:9-611 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 R.S. 10:9-620(e) only by an agreement to that effect entered into and signed after default.
(c)Waiver of redemption right. Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under R.S. 10:9-623 only by an agreement to that effect entered into signed after default.
Acts 2001, No. 128, §1, eff. July 1, 2001; Acts 2024, No. 773, §1.
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