Cite as: 80 CNCA § 9-624

Waiver

(a) Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under 80 CNCA § 9–611 only by an agreement to that effect entered into and authenticated after default.

(b) Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under 80 CNCA § 9–620(e) only by an agreement to that effect entered into and authenticated after default.

(c) Waiver of redemption right. Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under 80 CNCA § 9–623 only by an agreement to that effect entered into and authenticated after default.

Historical Data

LA 26–03, eff. October 2, 2003.