Wyoming § 34.1-1-302 Variation by agreement

Wyoming Statutes

§ 34.1-1-302 — Variation by agreement

Wyoming·Title 34.1 Uniform Commercial Code

(a)Except as otherwise provided in subsection (b) of this section or elsewhere in this act, the effect of provisions of this act may be varied by agreement.

(b)The obligations of good faith, diligence, reasonableness, and care prescribed by this act may not be disclaimed by agreement. The parties, by agreement, may determine the standards by which the performance of those obligations is to be measured if those standards are not manifestly unreasonable. Whenever this act requires an action to be taken within a reasonable time, a time that is not manifestly unreasonable may be fixed by agreement.

(c)The presence in certain provisions of this act of the phrase "unless otherwise agreed," or words of similar import, does not imply that the effect of other provisions may not be varied by agre

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(a) Except as otherwise provided in subsection (b) of this
section or elsewhere in this act, the effect of provisions of
this act may be varied by agreement.
(b) The obligations of good faith, diligence,
reasonableness, and care prescribed by this act may not be
disclaimed by agreement. The parties, by agreement, may
determine the standards by which the performance of those
obligations is to be measured if those standards are not
manifestly unreasonable. Whenever this act requires an action to
be taken within a reasonable time, a time that is not manifestly
unreasonable may be fixed by agreement.
(c) The presence in certain provisions of this act of the
phrase "unless otherwise agreed," or words of similar import,
does not imply that the effect of other provisions may not be
varied by agreement under this section.

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