Agreement on standards concerning rights and duties

§ 400.9-603 RSMo, under Uniform Commercial Code.

§ 400.9-603 RSMo

400.9-603. Agreement on standards concerning rights and duties. — (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 section 400.9-602 if the standards are not manifestly unreasonable.

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

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(L. 2001 S.B. 288)

Effective 7-01-01