13 Pa.C.S. § 9603: Agreement on standards concerning rights and duties.
Where this section sits in the code
- Title 13 - COMMERCIAL CODE
- CHAPTER 96 DEFAULT
- SUBCHAPTER A 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 9602 (relating to waiver and variance of rights and duties) 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 9609 (relating to secured party's right to take possession after default) to refrain from breaching the peace.
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