GroundRules
Ark. Code Ann. § 4-9-603: Agreement on standards concerning rights and duties.
Where this section sits in the code
- Title 4 Business and Commercial Law
- Subtitle 1. Uniform Commercial Code
- Chapter 9 Secured Transactions
- Part 6 — Default
- Subpart 1 Default and Enforcement of Security Interest
(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 § 4-9-602 if the standards are not manifestly unreasonable.
(b) Subsection (a) does not apply to the duty under § 4-9-609 to refrain from breaching the peace.
Collected 2026-09-17T21:07:03Z. Source file · JSON