Oklahoma Statutes
§ 12A-1-9-603 — Agreement on standards concerning rights and duties.
Oklahoma·Title 12A Uniform Commercial Code
AGREEMENT ON STANDARDS CONCERNING RIGHTS AND DUTIES (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 Section 1-9-602 of this title if the standards are not manifestly unreasonable.
(b)Subsection (a) of this section does not apply to the duty under Section 1-9-609 of this title to refrain from breaching the peace.
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Legislative History
Added by Laws 2000, c. 371, § 110, eff. July 1, 2001.
Nearby Sections
15
§ 12A-1-101
Short titles.§ 12A-1-102
Scope of article.§ 12A-1-104
Construction against implicit repeal.§ 12A-1-106
Use of singular and plural - Gender.§ 12A-1-107
Section captions.§ 12A-1-108
Repealed§ 12A-1-108.1
Relationship to Electronic Signatures in Global and§ 12A-1-202
Notice - Knowledge.§ 12A-1-203
Lease distinguished from security interest.§ 12A-1-204
"Value".§ 12A-1-205
Reasonable time - Seasonableness.§ 12A-1-206
Presumptions.