Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 9-603 — Agreement on Standards Concerning Rights and Duties
N.Y. U.C.C. Law § 9-603
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 9--603. Agreement on Standards Concerning Rights and Duties.
Citator
N.Y. U.C.C. Law § 9-603 — Agreement on Standards Concerning Rights and Duties is in force in the current edition of the Code, and nothing recorded condemns it.
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.