355.9-603 Agreement on standards concerning rights and duties.

KY Rev Stat § 355.9-603 (2019) (N/A)
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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. Effective: July 1, 2001 History: Created 2000 Ky. Acts ch. 408, sec. 121, effective July 1, 2001.