Section 355.9-602 - Waiver and variance of rights and dutiesExcept as otherwise provided in KRS 355.9-624, to the extent that they give rights to a debtor or obligor and impose duties on a secured party, the debtor or obligor may not waive or vary the rules stated in the following listed sections:
(1)KRS 355.9-207(2)(d) 3., which deals with use and operation of the collateral by the secured party;(2)KRS 355.9-210, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;(3)KRS 355.9-607(3), which deals with collection and enforcement of collateral;(4)KRS 355.9-608(1) and 355.9-615(3) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition;(5)KRS 355.9-608(1) and 355.9-615(4) to the extent that they require accounting for or payment of surplus proceeds of collateral;(6)KRS 355.9-609 to the extent that it imposes upon a secured party that takes possession of collateral without judicial process the duty to do so without breach of the peace;(7)KRS 355.9-610(2), 355.9-611, 355.9-613, and 355.9-614, which deal with disposition of collateral;(8)KRS 355.9-615(6), which deals with calculation of a deficiency or surplus when a disposition is made to the secured party, a person related to the secured party, or a secondary obligor;(9)KRS 355.9-616, which deals with explanation of the calculation of a surplus or deficiency;(10)KRS 355.9-620, 355.9-621, and 355.9-622, which deal with acceptance of collateral in satisfaction of obligation;(11)KRS 355.9-623, which deals with redemption of collateral;(12)KRS 355.9-624, which deals with permissible waivers; and(13)KRS 355.9-625 and 355.9-626, which deal with the secured party's liability for failure to comply with this article.Effective:7/1/2001
Created 2000, Ky. Acts ch. 408, sec. 120, effective7/1/2001.