2006 New York Code - Waiver And Varience Of Rights And Duties



 
  Section 9--602. Waiver and Variance of Rights and Duties.
    Except  as  otherwise  provided  in Section 9--624, 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:
    (a) Section 9--207 (b) (4) (C), which deals with use and operation  of
  the collateral by the secured party;
    (b) Section  9--210,  which  deals with requests for an accounting and
  requests concerning a list of collateral and statement of account;
    (c) Section 9--607 (c), which deals with collection and enforcement of
  collateral;
    (d) Sections 9--608 (a) and 9--615 (c) to the extent  that  they  deal
  with   application   or  payment  of  noncash  proceeds  of  collection,
  enforcement, or disposition;
    (e) Sections 9--608 (a) and 9--615 (d) to the extent that they require
  accounting for or payment of surplus proceeds of collateral;
    (f) Section 9--609 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;
    (g) Sections  9--610  (b), 9--611, 9--613, and 9--614, which deal with
  disposition of collateral;
    (h) Section 9--615 (f), 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;
    (i) Section 9--616, which deals with explanation of the calculation of
  a surplus or deficiency;
    (j) Sections 9--620, 9--621, and 9--622, which deal with acceptance of
  collateral in satisfaction of obligation;
    (k) Section 9--623, which deals with redemption of collateral;
    (l) Section 9--624, which deals with permissible waivers; and
    (m) Sections 9--625 and 9--626, which deal with  the  secured  party's
  liability for failure to comply with this article.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.