Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 9-624 — Waiver

N.Y. U.C.C. Law § 9-624

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

Section 9--624. Waiver.

Citator

N.Y. U.C.C. Law § 9-624 — Waiver is in force in the current edition of the Code, and nothing recorded condemns it.

Section 9--624. Waiver.

(a) Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under Section 9--611 only by an agreement to that effect entered into and authenticated after default.

(b) Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under Section 9--620 (e) only by an agreement to that effect entered into and authenticated after default.

(c) Waiver of redemption right. Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under Section 9--623 only by an agreement to that effect entered into and authenticated after default.