2000 Minnesota Statutes

     336.9-603 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 336.9-602 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 
 336.9-609 to refrain from breaching the peace. 

    HIST: 2000 c 399 art 1 s 104 

*   NOTE:  This section, as added by Laws 2000, chapter 399, 
*article 1, section 104, is effective July 1, 2001.  Laws 2000, 
*chapter 399, article 1, section 130.