Sec. 603. (a) 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 IC 26-1-9.1-602 if the standards are not manifestly unreasonable.

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     (b) Subsection (a) does not apply to the duty under IC 26-1-9.1-609 to refrain from breaching the peace.

As added by P.L.57-2000, SEC.45.