{"data":{"id":"us-ak/as-45.29.602","jurisdiction":"us-ak","citation":"AS 45.29.602","heading":"Waiver and variance of rights and duties.","body":"Except as otherwise provided in AS 45.29.624, 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 sections:\n(1) AS 45.29.207(b)(4)(C), which deals with use and operation of the collateral by the secured party;\n(2) AS 45.29.210, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;\n(3) AS 45.29.607(c), which deals with collection and enforcement of collateral;\n(4) AS 45.29.608(a) and 45.29.615(c) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition;\n(5) AS 45.29.608(a) and 45.29.615(d) to the extent that they require accounting for or payment of surplus proceeds of collateral;\n(6) AS 45.29.609 to the extent that it imposes on a secured party that takes possession of collateral without judicial process the duty to do so without breach of the peace;\n(7) AS 45.29.610(b), 45.29.611, 45.29.613, and 45.29.614, which deal with disposition of collateral;\n(8) AS 45.29.615(f), 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;\n(9) AS 45.29.616, which deals with explanation of the calculation of a surplus or deficiency;\n(10) AS 45.29.620 — 45.29.622, which deal with acceptance of collateral in satisfaction of obligation;\n(11) AS 45.29.623, which deals with redemption of collateral;\n(12) AS 45.29.624, which deals with permissible waivers; and\n(13) AS 45.29.625 and 45.29.626, which deal with the secured party's liability for failure to comply with this chapter.","path":["Title 45. Trade and Commerce.","Chapter 29. Secured Transactions.","Article 6. Default."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.29.602","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"c94be62b7e48f4b658c3dc1c4b6951a96a46b1fb41600a6b6fe1eaf5d463226d","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.29.601","next":"us-ak/as-45.29.603"},"notice":"GroundRules: Original legal text. Not legal advice."}