409.603

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409.603 Agreement on standards concerning rights and duties.

409.603(1)

(1) Agreed standards. 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 § 409.602 if the standards are not manifestly unreasonable.

409.603(2)

(2) Agreed standards inapplicable to breach of peace. Subsection (1) does not apply to the duty under § 409.609 to refrain from breaching the peace.