(a) Waiver of disposition notification. - A debtor or secondary obligor may waive the right to notification of disposition of collateral under G.S. 25-9-611 only by an agreement to that effect entered into and authenticated after default.
(b) Waiver of mandatory disposition. - A debtor may waive the right to require disposition of collateral under G.S. 25-9-620(e) only by an agreement to that effect entered into and authenticated after default.
(c) Waiver of redemption right. - Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under G.S. 25-9-623 only by an agreement to that effect entered into and authenticated after default. (1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000-169, s. 1.)
Sections: Previous 25-9-617 25-9-618 25-9-619 25-9-620 25-9-621 25-9-622 25-9-623 25-9-624 25-9-625 25-9-626 25-9-627 25-9-628 25-9-701 25-9-702 25-9-703 Next
Last modified: March 23, 2014