Agreement on standards concerning rights and duties
Known as the Uniform Commercial Code
The act spans §§ 36–36 (519 sections).
1988 Act No. 494, SECTION 5; 2001 Act No. 67, SECTION 12.
(a) 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 36-9-602 if the standards are not manifestly unreasonable.
(b) Subsection (a) does not apply to the duty under Section 36-9-609 to refrain from breaching the peace.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.