N.Y. UCC Law § 9-603
This is the official text of N.Y. UCC Law § 9-603, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
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Agreement on Standards Concerning Rights and Duties
Official statutory text
Section 9--603. Agreement on Standards Concerning Rights and Duties.\n (a) Agreed standards. The parties may determine by agreement the\nstandards measuring the fulfillment of the rights of a debtor or obligor\nand the duties of a secured party under a rule stated in Section 9--602\nif the standards are not manifestly unreasonable.\n (b) Agreed standards inapplicable to breach of peace. Subsection (a)\ndoes not apply to the duty under Section 9--609 to refrain from\nbreaching the peace.\n
Status: in_force · Read it on the official government site
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