Ky. Rev. Stat. § 355.9-603

Current through Acts Received April 24, 2024

Section 355.9-603 - Agreement on standards concerning rights and duties

(1) 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 KRS 355.9-602 if the standards are not manifestly unreasonable.

(2) Subsection (1) of this section does not apply to the duty under KRS 355.9-609 to refrain from breaching the peace.

KRS 355.9-603

Effective:7/1/2001
Created 2000, Ky. Acts ch. 408, sec. 121, effective7/1/2001.