Tenn. Code Ann. § 47-9-624

Waiver

Known as the Uniform Commercial Code

The act spans §§ 47-1-101 to 47-9-809 (578 sections).

Applied in 1 court decision — leading case R & J of Tennessee, Inc. v. Blankenship-Melton Real Estate, Inc. (2004)

Most recently applied in R & J of Tennessee, Inc. v. Blankenship-Melton Real Estate, Inc. (November 2004)

Acts 2000, ch. 846, § 1.

(1) Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under § 47-9-611 only by an agreement to that effect entered into and authenticated after default.

(2) Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under § 47-9-620(e) only by an agreement to that effect entered into and authenticated after default.

(3) Waiver of redemption right. Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under § 47-9-623 only by an agreement to that effect entered into and authenticated after default.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.