N.Y. Uniform Commercial Code Law Section 9-624
Waiver


Section 9--624. Waiver.

(a)

Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under Section 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 Section 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 Section 9--623 only by an agreement to that effect entered into and authenticated after default.

Source: Section 9-624 — Waiver, https://www.­nysenate.­gov/legislation/laws/UCC/9-624 (updated Sep. 22, 2014; accessed Jul. 20, 2024).

Accessed:
Jul. 20, 2024

Last modified:
Sep. 22, 2014

§ 9-624’s source at nysenate​.gov

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