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§ 9624. Waiver

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial CodeEffective: July 1, 2001

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 13 Pa.C.S.A. Commercial Code (Refs & Annos)
Division 9. Secured Transactions (Refs & Annos)
Chapter 96. Default (Refs & Annos)
Subchapter A. Default and Enforcement of Security Interest
Effective: July 1, 2001
13 Pa.C.S.A. § 9624
§ 9624. Waiver
(a) Waiver of disposition notification.--A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 9611 (relating to notification before disposition of collateral) 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 9620(e) (relating to mandatory disposition of consumer goods) 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 9623 (relating to right to redeem collateral) only by an agreement to that effect entered into and authenticated after default.

Credits

2001, June 8, P.L. 123, No. 18, § 16, effective July 1, 2001.
13 Pa.C.S.A. § 9624, PA ST 13 Pa.C.S.A. § 9624
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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