N.Y. U.C.C. Law § 9-603

Current through 2024 NY Law Chapter 553
Section 9-603 - Agreement on Standards Concerning Rights and Duties
(a) Agreed standards. 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 9-602 if the standards are not manifestly unreasonable.
(b) Agreed standards inapplicable to breach of peace. Subsection (a) does not apply to the duty under Section 9-609 to refrain from breaching the peace.

N.Y. U.c.c. Law § 9-603