Current through 2024 NY Law Chapters 1-50, 52-55, 57, 61-117
Section 9-603 - Agreement on Standards Concerning Rights and Duties(a) Agreed standards. 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 9-602 if the standards are not manifestly unreasonable.(b) Agreed standards inapplicable to breach of peace. Subsection (a) does not apply to the duty under Section 9-609 to refrain from breaching the peace.