70A-9a-603. Agreement on standards concerning rights and duties.
75 words·~1 min read·
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70A-9a-603. Agreement on standards concerning rights and duties.
(1)The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in Section 70A-9a-602 if the standards are not manifestly unreasonable.
(2)Subsection
(1)does not apply to the duty under Section 70A-9a-609 to refrain from breaching the peace.
Enacted by Chapter 252 , 2000 General Session