Tennessee § 47-9-602 Waiver and variance of rights and duties

Tennessee Statutes

§ 47-9-602 — Waiver and variance of rights and duties

Tennessee § 47-9-602

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This text of Tennessee § 47-9-602 (Waiver and variance of rights and duties) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 47-9-602 (2026).

Text

Except as otherwise provided in § 47-9-624 , 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)Section 47-9-207(b)(4)(C) , which deals with use and operation of the collateral by the secured party;

(2)Section 47-9-210 , which deals with requests for an accounting and requests concerning a list of collateral and statement of account;

(3)Section 47-9-607(c) , which deals with collection and enforcement of collateral;

(4)Sections 47-9-608(a) and 47-9-615(c) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition;

(5)Sections 47-9-608(a) and 47-9-615(d) to the extent that they requir

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Except as otherwise provided in § 47-9-624 , 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) Section 47-9-207(b)(4)(C) , which deals with use and operation of the collateral by the secured party; (2) Section 47-9-210 , which deals with requests for an accounting and requests concerning a list of collateral and statement of account; (3) Section 47-9-607(c) , which deals with collection and enforcement of collateral; (4) Sections 47-9-608(a) and 47-9-615(c) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition; (5) Sections 47-9-608(a) and 47-9-615(d) to the extent that they require accounting for or payment of surplus proceeds of collateral; (6) Section 47-9-609 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) Sections 47-9-610(b) , 47-9-611 , 47-9-613 , and 47-9-614 , which deal with disposition of collateral; (8) Section 47-9-615(f) , 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) Section 47-9-616 , which deals with explanation of the calculation of a surplus or deficiency; (10) Sections 47-9-620 , 47-9-621 , and 47-9-622 , which deal with acceptance of collateral in satisfaction of obligation; (11) Section 47-9-623 , which deals with redemption of collateral; (12) Section 47-9-624 , which deals with permissible waivers; and (13) Sections 47-9-625 and 47-9-626 , which deal with the secured party's liability for failure to comply with this chapter.