Okla. Stat. tit. 12A, § 12A-1-302: Variation by agreement
Where this section sits in the code
- OK Code
- Title 12A
Variation by Agreement.
(a) Except as otherwise provided in subsection (b) of this
section or elsewhere in the Uniform Commercial Code, the effect of
the Uniform Commercial Code may be varied by agreement.
(b) The obligations of good faith, diligence, reasonableness,
and care prescribed by the Uniform Commercial Code 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 the Uniform Commercial Code 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 the Uniform
Commercial Code 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.
Collected 2026-09-14T18:32:36Z. Source file · JSON