8.9A-624 - A-624. Waiver. - Virginia Statutes

§ 8.9A-624. Waiver.

(a) Waiver of disposition notification. A debtor or secondary obligor maywaive the right to notification of disposition of collateral under § 8.9A-611only by an agreement to that effect entered into and authenticated afterdefault.

(b) Waiver of mandatory disposition. A debtor may waive the right to requiredisposition of collateral under § 8.9A-620 (e) only by an agreement to thateffect entered into and authenticated after default.

(c) Waiver of redemption right. Except in a consumer-goods transaction, adebtor or secondary obligor may waive the right to redeem collateral under §8.9A-623 only by an agreement to that effect entered into and authenticatedafter default.

(Code 1950, § 55-93; 1964, c. 219, §§ 8.9-504, 8.9-505, 8.9-506; 1964, c.410, § 8.9-505; 1973, c. 509, §§ 8.9-504, 8.9-505; 2000, c. 1007.)