Agreement on standards for fulfilling rights and duties.

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57A-9-603. Agreement on standards for fulfilling rights and duties.

(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 §57A-9-602 if the standards are not manifestly unreasonable.

(b) Subsection (a) does not apply to the duty under §57A-9-609 to refrain from breaching the peace.

Source: SL 2000, ch 231.


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