Section 45.29.624. Waiver.

Latest version.

   (a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under AS 45.29.611 only by an agreement to that effect entered into and authenticated after default.
   (b) A debtor may waive the right to require disposition of collateral under AS 45.29.620(e) only by an agreement to that effect entered into and authenticated after default.
   (c) Except in a consumer goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under AS 45.29.623 only by an agreement to that effect entered into and authenticated after default.

Authorities

45.29.602;45.29.620

Notes

References

AS 45.29.602 Waiver and variance of rights and duties.
AS 45.29.620 Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.

History

(Sec. 1 ch 113 SLA 2000)

                    
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