Kentucky Statutes 355.9-603 – Agreement on standards concerning rights and duties
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(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.
(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.