Ala. Code § 7-9A-603: Agreement on Standards Concerning Rights and Duties.
Where this section sits in the code
- Title 7 Commercial Code.
- Article 9A Secured Transactions.
- Part 6 Default.
- Division 1 Default and Enforcement of Security Interest.
(a) Agreed standards. 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 7-9A-602 if the standards are not manifestly unreasonable.
(b) Agreed standards inapplicable to breach of peace. Subsection (a) does not apply to the duty under Section 7-9A-609 to refrain from breaching the peace.
Collected 2026-09-03T14:01:52Z. Source file · JSON