400.9-603. Agreement on standards concerning rights and duties. - Missouri Statutes

Agreement on standards concerning rights and duties.

400.9-603. (a) The parties may determine by agreement the standardsmeasuring the fulfillment of the rights of a debtor or obligor and theduties of a secured party under a rule stated in section 400.9-602 if thestandards are not manifestly unreasonable.

(b) Subsection (a) does not apply to the duty under section 400.9-609to refrain from breaching the peace.

(L. 2001 S.B. 288)

Effective 7-01-01