Miss. Code § 75-9-603

Current through the 2024 Regular Session
Section 75-9-603 - Agreement on standards concerning rights and duties
(a) The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in Section 75-9-602 if the standards are not manifestly unreasonable.
(b) Subsection (a) does not apply to the duty under Section 75-9-609 to refrain from breaching the peace.

Miss. Code § 75-9-603

Derived from former 1972 Code § 75-9-501 [Codes, 1942, § 41A:9-501; Laws, 1966, ch. 316, § 9-501; Laws, 1977, ch. 452, § 32, eff. 4/1/1978] and enacted by Laws, 2001, ch. 495, § 1, eff. 1/1/2002.