SECTION 8.9A-602. Waiver and variance of rights and duties  

Except as otherwise provided in § 8.9A-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:

(1) § 8.9A-624 (b) (4) (C), which deals with use and operation of the collateral by the secured party;

(2) § 8.9A-624 , which deals with requests for an accounting and requests concerning a list of collateral and statement of account;

(3) § 8.9A-624 (c), which deals with collection and enforcement of collateral;

(4) §§ 8.9A-624 (a) and 8.9A-624 (c) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition;

(5) §§ 8.9A-624 (a) and 8.9A-624 (d) to the extent that they require accounting for or payment of surplus proceeds of collateral;

(6) § 8.9A-624 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) §§ 8.9A-624 (b), 8.9A-624 , 8.9A-624 , and 8.9A-624 , which deal with disposition of collateral;

(8) § 8.9A-624 (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;

(9) § 8.9A-624 , which deals with explanation of the calculation of a surplus or deficiency;

(10) §§ 8.9A-624 , 8.9A-624 , and 8.9A-624 , which deal with acceptance of collateral in satisfaction of obligation;

(11) § 8.9A-624 , which deals with redemption of collateral;

(12) § 8.9A-624 , which deals with permissible waivers; and

(13) §§ 8.9A-624 and 8.9A-624 , which deal with the secured party's liability for failure to comply with this title.

1964, c. 219, § 8.9-501; 1973, c. 509; 2000, c. 8.9A-624 .