Me. Stat. tit. 11 § 9-1603

Current through 131st (2023-2024) Legislature Chapter 684

Section 9-1603 - 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 section 9-1602 if the standards are not manifestly unreasonable.

[1999, c. 699, Pt. A, §2(NEW); 1999, c. 699, Pt. A, §4(AFF).]

(2). Subsection (1) does not apply to the duty under section 9-1609 to refrain from breaching the peace.

[1999, c. 699, Pt. A, §2(NEW); 1999, c. 699, Pt. A, §4(AFF).]

11 M.R.S. § 9-1603

1999, c. 699, §A2 (NEW) . 1999, c. 699, §A4 (AFF) .