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KRS 355.9-624

Waiver

Known as the Uniform Commercial Code

The act spans §§ 355.10-101 to 355.9-809 (686 sections).

Effective: January 1, 2025 History: Amended 2024 Ky

(1) A debtor or secondary obligor may waive the right to notification of disposition of collateral under KRS 355.9-611 only by an agreement to that effect entered into and signed after default.

(2) A debtor may waive the right to require disposition of collateral under KRS 355.9- 620(5) only by an agreement to that effect entered into and signed after default.

(3) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under KRS 355.9-623 only by an agreement to that effect entered into and signed after default.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.