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North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 41-09-99: (9-602) Waiver and variance of rights and duties

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Where this section sits in the code
  1. Title 41 Uniform Commercial Code
  2. Chapter 41-09 Secured Transactions

Except as otherwise provided in section 41-09-119, 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.Paragraph 3 of subdivision d of subsection 2 of section 41-09-17, which deals with use and operation of the collateral by the secured party;

2.Section 41-09-20, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;

3.Section 41-09-22, which deals with perfection and priority of agricultural liens;

4.Subsection 3 of section 41-09-104, which deals with collection and enforcement of collateral;

5.Subsection 1 of section 41-09-105 and subsection 3 of section 41-09-111 to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition;

6.Subsection 1 of section 41-09-105 and subsection 4 of section 41-09-111 to the extent that they require accounting for or payment of surplus proceeds of collateral;

7.Section 41-09-106 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;

8.Subsection 2 of section 41-09-107, section 41-09-108, and section 41-09-110, which deal with disposition of collateral;

9.Subsection 6 of section 41-09-111, 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;

10.Sections 41-09-115 through 41-09-117, which deal with acceptance of collateral in satisfaction of obligation;

11.Section 41-09-118, which deals with redemption of collateral;

12.Section 41-09-119, which deals with permissible waivers; and

13.Sections 41-09-120 and 41-09-121, which deal with the secured party's liability for failure to comply with this chapter.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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