(1) 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 s. 679.602 if the standards are not manifestly unreasonable.
(2) Subsection (1) does not apply to the duty under s. 679.609 to refrain from breaching the peace.
History.—s. 7, ch. 2001-198.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 679 - Uniform Commercial Code: Secured Transactions
Part VI - Default (Ss. 679.601-679.628)
679.602 - Waiver and variance of rights and duties.
679.603 - Agreement on standards concerning rights and duties.
679.604 - Procedure if security agreement covers real property or fixtures.
679.605 - Unknown debtor or secondary obligor.
679.606 - Time of default for agricultural lien.
679.607 - Collection and enforcement by secured party.
679.609 - Secured party’s right to take possession after default.
679.610 - Disposition of collateral after default.
679.611 - Notification before disposition of collateral.
679.612 - Timeliness of notification before disposition of collateral.
679.613 - Contents and form of notification before disposition of collateral; general.
679.615 - Application of proceeds of disposition; liability for deficiency and right to surplus.
679.616 - Explanation of calculation of surplus or deficiency.
679.617 - Rights of transferee of collateral.
679.618 - Rights and duties of certain secondary obligors.
679.619 - Transfer of record or legal title.
679.621 - Notification of proposal to accept collateral.
679.622 - Effect of acceptance of collateral.
679.623 - Right to redeem collateral.
679.625 - Remedies for failure to comply with article.
679.626 - Action in which deficiency or surplus is in issue.
679.627 - Determination of whether conduct was commercially reasonable.
679.628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.