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