§9-1624. Waiver
144 words·~1 min read·
/me/title-11-uniform-commercial-code/9-1624A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1). A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 9‑1611 only by an agreement to that effect entered into and signed after default.
[PL 2023, c. 669, Pt. A, §165 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
(2). A debtor may waive the right to require disposition of collateral under section 9‑1620, subsection
(5)only by an agreement to that effect entered into and signed after default.
[PL 2023, c. 669, Pt. A, §165 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
(3). Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under section 9‑1623 only by an agreement to that effect entered into and signed after default.
[PL 2023, c. 669, Pt. A, §165 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]