104.9602 - Waiver and variance of rights and duties of debtor and obligor. - Nevada Statutes

104.9602  Waiver and variance of rights and duties of debtor and obligor.  Except as otherwise provided in NRS 104.9624, to the extent that they give rights to a debtor or obligor and impose duties on a secured party, the debtor or obligor may not waive or vary the rules stated in the following listed sections:

      1.  Subparagraph (3) of paragraph (d) of subsection 2 of NRS 104.9207, which deals with use and operation of the collateral by the secured party;

      2.  NRS 104.9210, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;

      3.  Subsection 3 of NRS 104.9607, which deals with collection and enforcement of collateral;

      4.  Subsection 1 of NRS 104.9608 and subsection 3 of NRS 104.9615 to the extent that they deal with application or payment of noncash proceeds of collection, enforcement or disposition;

      5.  Subsection 1 of NRS 104.9608 and subsection 4 of NRS 104.9615 to the extent that they require accounting for or payment of surplus proceeds of collateral;

      6.  NRS 104.9609 to the extent that it imposes upon a secured party that takes possession of collateral without judicial process the duty to do so without breach of the peace;

      7.  Subsection 2 of NRS 104.9610 and NRS 104.9611, 104.9613 and 104.9614, which deal with disposition of collateral;

      8.  Subsection 6 of NRS 104.9615, which deals with calculation of a deficiency or surplus when a disposition is made to the secured party, a person related to the secured party or a secondary obligor;

      9.  NRS 104.9616, which deals with explanation of the calculation of a surplus or deficiency;

      10.  NRS 104.9620, 104.9621 and 104.9622, which deal with acceptance of collateral in satisfaction of obligation;

      11.  NRS 104.9623, which deals with redemption of collateral;

      12.  NRS 104.9624, which deals with permissible waivers; and

      13.  NRS 104.9625 and 104.9626, which deal with the secured party’s liability for failure to comply with this article.

      (Added to NRS by 1999, 346)