South Carolina Statutes

§ 36-9-603 — Agreement on standards concerning rights and duties.

South Carolina·Title 36 COMMERCIAL CODE·Ch. 9 COMMERCIAL CODE—SECURED TRANSACTIONS
(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 36-9-602 if the standards are not manifestly unreasonable.
(b)Subsection (a) does not apply to the duty under Section 36-9-609 to refrain from breaching the peace.

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Legislative History

HISTORY: 1988 Act No. 494, SECTION 5; 2001 Act No. 67, SECTION 12.

Nearby Sections

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