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§ 1-9-603. Agreement on standards concerning rights and duties

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 9. Secured Transactions (Refs & Annos)
Part 6. Default
12A Okl.St.Ann. § 1-9-603
§ 1-9-603. Agreement on standards concerning rights and duties
Agreement on standards concerning rights and duties
(a) 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 1-9-602 of this title if the standards are not manifestly unreasonable.
(b) Subsection (a) of this section does not apply to the duty under Section 1-9-609 of this title to refrain from breaching the peace.

Credits

Laws 2000, c. 371, § 110, eff. July 1, 2001.
12A Okl. St. Ann. § 1-9-603, OK ST T. 12A § 1-9-603
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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