Section 45.29.602. Waiver and variance of rights and duties.

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:
        (1) AS 45.29.207(b)(4)(C), which deals with use and operation of the collateral by the secured party;
        (2) AS 45.29.210, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;
        (3) AS 45.29.607(c), which deals with collection and enforcement of collateral;
        (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;
        (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;
        (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;
        (7) AS 45.29.610(b), 45.29.611, 45.29.613, and 45.29.614, which deal with disposition of collateral;
        (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;
        (9) AS 45.29.616, which deals with explanation of the calculation of a surplus or deficiency;
        (10) AS 45.29.620 - 45.29.622, which deal with acceptance of collateral in satisfaction of obligation;
        (11) AS 45.29.623, which deals with redemption of collateral;
        (12) AS 45.29.624, which deals with permissible waivers; and
        (13) AS 45.29.625 and 45.29.626, which deal with the secured party's liability for failure to comply with this chapter.

Authorities

45.29.601;45.29.603

Notes

References

AS 45.29.601 Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
AS 45.29.603 Agreement on standards concerning rights and duties.

History

(Sec. 1 ch 113 SLA 2000)