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Chapter 336
Section 336.9-603
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This is an historical version of this statute chapter. Also view the most recent published version.
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.
History: 2000 c 399 art 1 s 104
(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.
History: 2000 c 399 art 1 s 104
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