Okla. Stat. tit. 12A, § 12A-1-9-602: Waiver and variance of rights and duties
Where this section sits in the code
- OK Code
- Title 12A
WAIVER AND VARIANCE OF RIGHTS AND DUTIES
Except as otherwise provided in Section 1-9-624 of this title,
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) Subparagraph (C) of paragraph (4) of subsection (b) of
Section 1-9-207 of this title, which deals with use and operation of
the collateral by the secured party;
(2) Section 1-9-210 of this title, which deals with requests
for an accounting and requests concerning a list of collateral and
statement of account;
(3) Subsection (c) of Section 1-9-607 of this title, which
deals with collection and enforcement of collateral;
(4) Subsection (a) of Section 1-9-608 of this title and
subsection (c) of Section 1-9-615 of this title to the extent that
they deal with application or payment of noncash proceeds of
collection, enforcement, or disposition;
(5) Subsection (a) of Section 1-9-608 of this title and
subsection (d) of Section 1-9-615 of this title to the extent that
they require accounting for or payment of surplus proceeds of
collateral;
(6) Section 1-9-609 of this title 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;
(7) Subsection (b) of Section 1-9-610 of this title and
Sections 1-9-611, 1-9-613, and 1-9-614 of this title, which deal
with disposition of collateral;
(8) Subsection (f) of Section 1-9-615 of this title, 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;
(9) Section 1-9-616 of this title, which deals with explanation
of the calculation of a surplus or deficiency;
(10) Sections 1-9-620, 1-9-621, and 1-9-622 of this title,
which deal with acceptance of collateral in satisfaction of
obligation;
(11) Section 1-9-623 of this title, which deals with redemption
of collateral;
(12) Section 1-9-624 of this title, which deals with
permissible waivers; and
(13) Sections 1-9-625 and 1-9-626 of this title, which deal
with the secured party’s liability for failure to comply with this
article.
Collected 2026-09-14T18:32:36Z. Source file · JSON