Waiver

WAIVER (a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under Section 1-9-611 of this title only by an agreement to that effect entered into and signed after default. (b) A debtor may waive the right to require disposition of collateral under subsection (e) of Section 1-9-620 of this title only by agreement to that effect entered into and signed after default. (c) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under Section 1-9-623 of this title only by an agreement to that effect entered into and signed after default. Added by Laws 2000, c. 371, § 131, eff. July 1, 2000. Amended by Laws 2024, c. 13, § 89, eff. Nov. 1, 2024.