Colo. Rev. Stat. § 4-9-624

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 4-9-624 - Waiver
(a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 4-9-611 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 section 4-9-620 (e) only by an 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 4-9-623. Any such waiver must be by an agreement to that effect entered into and signed after default.

C.R.S. § 4-9-624

Amended by 2023 Ch. 136,§ 87, eff. 8/7/2023.
L. 2001: Entire article R&RE, p. 1417, § 1, effective July 1.

(1) The provisions of this section are similar to provisions of several former sections as they existed prior to 2001.

(2) Colorado legislative change: Colorado added the phrase "Any such waiver must be" in subsection (c).

2023 Ch. 136, was passed without a safety clause. See Colo. Const. art. V, § 1(3).