{"data":{"id":"us-nc/n.c.-gen.-stat.-25-9-602","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-9-602","heading":"Waiver and variance of rights and duties.","body":"Except as otherwise provided in G.S. 25-9-624, 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 listed sections:\n(1)\tG.S. 25-9-207(b)(4)c., which deals with use and operation of the collateral by the secured party;\n(2)\tG.S. 25-9-210, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;\n(3)\tG.S. 25-9-607(c), which deals with collection and enforcement of collateral;\n(4)\tG.S. 25-9-608(a) and G.S. 25-9-615(c) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition;\n(5)\tG.S. 25-9-608(a) and G.S. 25-9-615(d) to the extent that they require accounting for or payment of surplus proceeds of collateral;\n(6)\tG.S. 25-9-609 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;\n(7)\tG.S. 25-9-610(b), 25-9-611, 25-9-613, and 25-9-614, which deal with disposition of collateral;\n(8)\tG.S. 25-9-615(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)\tG.S. 25-9-616, which deals with explanation of the calculation of a surplus or deficiency;\n(10)\tG.S. 25-9-620, 25-9-621, and 25-9-622, which deal with acceptance of collateral in satisfaction of obligation;\n(11)\tG.S. 25-9-623, which deals with redemption of collateral;\n(12)\tG.S. 25-9-624, which deals with permissible waivers; and\n(13)\tG.S. 25-9-625 and G.S. 25-9-626, which deal with the secured party's liability for failure to comply with this Article. (1866-7, c. 1, s. 2; 1872-3, c. 133, s. 2; 1883, c. 88; Code, s. 1800; 1893, c. 9; Rev., s. 2054; C.S., s. 2488; 1961, c. 574; 1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000-169, s. 1.)","path":["Chapter 25. Uniform Commercial Code.","Article 9. Secured Transactions.","Part 6. Default."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-602.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"d975df530e0043047e5b312bd65c8eb3f80fb560159e035d81f24c45e14ec3d1","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-9-601","next":"us-nc/n.c.-gen.-stat.-25-9-603"},"notice":"GroundRules: Original legal text. Not legal advice."}