Nevada § 104.9602 Waiver and variance of rights and duties of debtor and obligor

Nevada Statutes

§ 104.9602 — Waiver and variance of rights and duties of debtor and obligor

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Default

Except as otherwise provided in NRS 104.9624, to the extent that they give rights to a debtor or obligor and impose duties on a secured party, the debtor or obligor may not waive or vary the rules stated in the following listed sections:

1.Subparagraph (3) of paragraph (d) of subsection 2 of NRS 104.9207 , which deals with use and operation of the collateral by the secured party;

2.NRS 104.9210 , which deals with requests for an accounting and requests concerning a list of collateral and statement of account;

3.Subsection 3 of NRS 104.9607 , which deals with collection and enforcement of collateral;

4.Subsection 1 of NRS 104.9608 and subsection 3 of NRS 104.9615 to the extent that they deal with application or payment of noncash proceeds of collection, enforcement or disposition;

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Except as otherwise provided in NRS 104.9624, to the extent that they give rights to a debtor or obligor and impose duties on a secured party, the debtor or obligor may not waive or vary the rules stated in the following listed sections:
1. Subparagraph (3) of paragraph (d) of subsection 2 of NRS 104.9207 , which deals with use and operation of the collateral by the secured party;
2. NRS 104.9210 , which deals with requests for an accounting and requests concerning a list of collateral and statement of account;
3. Subsection 3 of NRS 104.9607 , which deals with collection and enforcement of collateral;
4. Subsection 1 of NRS 104.9608 and subsection 3 of NRS 104.9615 to the extent that they deal with application or payment of noncash proceeds of collection, enforcement or disposition;
5. Subsection 1 of NRS 104.9608 and subsection 4 of NRS 104.9615 to the extent that they require accounting for or payment of surplus proceeds of collateral;
6. NRS 104.9609 to the extent that it imposes upon a secured party that takes possession of collateral without judicial process the duty to do so without breach of the peace;
7. Subsection 2 of NRS 104.9610 and NRS 104.9611 , 104.9613 and 104.9614 , which deal with disposition of collateral;
8. Subsection 6 of NRS 104.9615 , which deals with calculation of a deficiency or surplus when a disposition is made to the secured party, a person related to the secured party or a secondary obligor;
9. NRS 104.9616 , which deals with explanation of the calculation of a surplus or deficiency;
10. NRS 104.9620 , 104.9621 and 104.9622 , which deal with acceptance of collateral in satisfaction of obligation;
11. NRS 104.9623 , which deals with redemption of collateral;
12. NRS 104.9624 , which deals with permissible waivers; and
13. NRS 104.9625 and 104.9626 , which deal with the secured party’s liability for failure to comply with this article.

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