Public-domain · open source
OpenJurist

N.Y. U.C.C. 9-624

Waiver

Known as the Uniform Commercial Code

The act spans §§ 1-101–12-107 (253 sections).

2014-09-22

Section 9--624. Waiver.\n (a) Waiver of disposition notification. A debtor or secondary obligor\nmay waive the right to notification of disposition of collateral under\nSection 9--611 only by an agreement to that effect entered into and\nauthenticated after default.\n (b) Waiver of mandatory disposition. A debtor may waive the right to\nrequire disposition of collateral under Section 9--620 (e) only by an\nagreement to that effect entered into and authenticated after default.\n (c) Waiver of redemption right. Except in a consumer-goods\ntransaction, a debtor or secondary obligor may waive the right to redeem\ncollateral under Section 9--623 only by an agreement to that effect\nentered into and authenticated after default.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.