Arkansas Statutes

§ 4-9-603 — Agreement on standards concerning rights and duties

Arkansas·Title 4
(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 § 4-9-602 if the standards are not manifestly unreasonable.
(b)Subsection (a) does not apply to the duty under § 4-9-609 to refrain from breaching the peace.

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Legislative History

Acts 2001, No. 1439, § 1.

Nearby Sections

15
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