State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-603

70A-9a-603. Agreement on standards concerning rights and duties.
(1) The parties may determine by agreement the standards measuring the fulfillment ofthe rights of a debtor or obligor and the duties of a secured party under a rule stated in Section70A-9a-602 if the standards are not manifestly unreasonable.
(2) Subsection (1) does not apply to the duty under Section 70A-9a-609 to refrain frombreaching the peace.

Enacted by Chapter 252, 2000 General Session

State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-603

70A-9a-603. Agreement on standards concerning rights and duties.
(1) The parties may determine by agreement the standards measuring the fulfillment ofthe rights of a debtor or obligor and the duties of a secured party under a rule stated in Section70A-9a-602 if the standards are not manifestly unreasonable.
(2) Subsection (1) does not apply to the duty under Section 70A-9a-609 to refrain frombreaching the peace.

Enacted by Chapter 252, 2000 General Session