Agreement on standards concerning rights and duties

Ark. Code Ann. § 4-9-603 — under — Default.

Ark. Code Ann. § 4-9-603

(a) The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in § 4-9-602 if the standards are not manifestly unreasonable.

(b) Subsection (a) does not apply to the duty under § 4-9-609 to refrain from breaching the peace.