Current as of: 2010 (1). A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 9-1611 only by an agreement to that effect entered into and authenticated after default. [ 1999, c. 699, Pt. A, §2 (NEW) ; 1999, c. 699, Pt. A, §4 (AFF) .] (2). A debtor may waive the right to require disposition of collateral under section 9-1620, subsection (5) only by an agreement to that effect entered into and authenticated after default. [ 1999, c. 699, Pt. A, §2 (NEW) ; 1999, c. 699, Pt. A, §4 (AFF) .] (3). Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under section 9-1623 only by an agreement to that effect entered into and authenticated after default. [ 1999, c. 699, Pt. A, §2 (NEW) ; 1999, c. 699, Pt. A, §4 (AFF) .] SECTION HISTORY 1999, c. 699, §A2 (NEW) . 1999, c. 699, §A4 (AFF) . ________________________________________________________________________
Questions & Answers: Secured Transactions (UCC Article 8)See also:
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