N.Y. Uniform Commercial Code Law Section 9-603
Agreement on Standards Concerning Rights and Duties


Section 9--603. Agreement on Standards Concerning Rights and Duties.

(a)

Agreed standards. 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 Section 9--602 if the standards are not manifestly unreasonable.

(b)

Agreed standards inapplicable to breach of peace. Subsection (a) does not apply to the duty under Section 9--609 to refrain from breaching the peace.

Source: Section 9-603 — Agreement on Standards Concerning Rights and Duties, https://www.­nysenate.­gov/legislation/laws/UCC/9-603 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 9-603’s source at nysenate​.gov

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