Okla. Stat. tit. 12A, § 12A-1-9-602

This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-602, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.

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Waiver and variance of rights and duties

Official statutory text

WAIVER AND VARIANCE OF RIGHTS AND DUTIES

Except as otherwise provided in Section 1-9-624 of this title,

to the extent that they give rights to a debtor or obligor and

impose duties on a secured party, the debtor or obligor may not

waive or vary the rules stated in the following listed sections:

(1) Subparagraph (C) of paragraph (4) of subsection (b) of

Section 1-9-207 of this title, which deals with use and operation of

the collateral by the secured party;

(2) Section 1-9-210 of this title, which deals with requests

for an accounting and requests concerning a list of collateral and

statement of account;

(3) Subsection (c) of Section 1-9-607 of this title, which

deals with collection and enforcement of collateral;

(4) Subsection (a) of Section 1-9-608 of this title and

subsection (c) of Section 1-9-615 of this title to the extent that

they deal with application or payment of noncash proceeds of

collection, enforcement, or disposition;

(5) Subsection (a) of Section 1-9-608 of this title and

subsection (d) of Section 1-9-615 of this title to the extent that

they require accounting for or payment of surplus proceeds of

collateral;

(6) Section 1-9-609 of this title to the extent that it imposes

upon a secured party that takes possession of collateral without

judicial process the duty to do so without breach of the peace;

(7) Subsection (b) of Section 1-9-610 of this title and

Sections 1-9-611, 1-9-613, and 1-9-614 of this title, which deal

with disposition of collateral;

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 137

(8) Subsection (f) of Section 1-9-615 of this title, which

deals with calculation of a deficiency or surplus when a disposition

is made to the secured party, a person related to the secured party,

or a secondary obligor;

(9) Section 1-9-616 of this title, which deals with explanation

of the calculation of a surplus or deficiency;

(10) Sections 1-9-620, 1-9-621, and 1-9-622 of this title,

which deal with acceptance of collateral in satisfaction of

obligation;

(11) Section 1-9-623 of this title, which deals with redemption

of collateral;

(12) Section 1-9-624 of this title, which deals with

permissible waivers; and

(13) Sections 1-9-625 and 1-9-626 of this title, which deal

with the secured party’s liability for failure to comply with this

article.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.