Revised Code of Washington
Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.
62A.9A-603 - Agreement on standards concerning rights and duties.

RCW 62A.9A-603
Agreement on standards concerning rights and duties.

(a) Agreed standards. 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 RCW 62A.9A-602 if the standards are not manifestly unreasonable.
(b) Agreed standards inapplicable to breach of peace. Subsection (a) of this section does not apply to the duty under RCW 62A.9A-609 to refrain from breaching the peace.

[2000 c 250 § 9A-603.]

Structure Revised Code of Washington

Revised Code of Washington

Title 62A - Uniform Commercial Code

Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.

62A.9A-101 - Short title.

62A.9A-102 - Definitions and index of definitions.

62A.9A-103 - Purchase-money security interest; application of payments; burden of establishing.

62A.9A-104 - Control of deposit account.

62A.9A-105 - Control of electronic chattel paper.

62A.9A-106 - Control of investment property.

62A.9A-107 - Control of letter-of-credit right.

62A.9A-108 - Sufficiency of description in security agreement.

62A.9A-109 - Scope.

62A.9A-110 - Security interests arising under Article 2 or 2A.

62A.9A-201 - General effectiveness of security agreement.

62A.9A-202 - Title to collateral immaterial.

62A.9A-203 - Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.

62A.9A-204 - After-acquired property; future advances.

62A.9A-205 - Use or disposition of collateral permissible.

62A.9A-206 - Security interest arising in purchase or delivery of financial asset.

62A.9A-207 - Rights and duties of secured party having possession or control of collateral.

62A.9A-208 - Additional duties of secured party having control of collateral.

62A.9A-209 - Duties of secured party if account debtor has been notified of assignment.

62A.9A-210 - Request for accounting; request regarding list of collateral or statement of account.

62A.9A-301 - Law governing perfection and priority of security interests.

62A.9A-302 - Law governing perfection and priority of agricultural liens.

62A.9A-303 - Law governing perfection and priority of security interests in goods covered by a certificate of title.

62A.9A-304 - Law governing perfection and priority of security interests in deposit accounts.

62A.9A-305 - Law governing perfection and priority of security interests in investment property.

62A.9A-306 - Law governing perfection and priority of security interests in letter-of-credit rights.

62A.9A-307 - Location of debtor.

62A.9A-308 - When security interest or agricultural lien is perfected; continuity of perfection.

62A.9A-309 - Security interest perfected upon attachment.

62A.9A-310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.

62A.9A-311 - Perfection of security interests in property subject to certain statutes, regulations, and treaties.

62A.9A-312 - Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection witho...

62A.9A-313 - When possession by or delivery to secured party perfects security interest without filing.

62A.9A-314 - Perfection by control.

62A.9A-315 - Secured party's rights on disposition of collateral and in proceeds.

62A.9A-316 - Effect of change in governing law.

62A.9A-317 - Interests that take priority over or take free of security interest or agricultural lien.

62A.9A-318 - No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.

62A.9A-319 - Rights and title of consignee with respect to creditors and purchasers.

62A.9A-320 - Buyer of goods.

62A.9A-321 - Licensee of general intangible and lessee of goods in ordinary course of business.

62A.9A-322 - Priorities among conflicting security interests in and agricultural liens on same collateral.

62A.9A-323 - Future advances.

62A.9A-324 - Priority of purchase-money security interests.

62A.9A-325 - Priority of security interests in transferred collateral.

62A.9A-326 - Priority of security interests created by new debtor.

62A.9A-327 - Priority of security interests in deposit account.

62A.9A-328 - Priority of security interests in investment property.

62A.9A-329 - Priority of security interests in letter-of-credit right.

62A.9A-330 - Priority of purchaser of chattel paper or instrument.

62A.9A-331 - Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security entitlements under Article 8.

62A.9A-332 - Transfer of money; transfer of funds from deposit account.

62A.9A-333 - Priority of certain liens arising by operation of law.

62A.9A-334 - Priority of security interests in fixtures and crops.

62A.9A-335 - Accessions.

62A.9A-336 - Commingled goods.

62A.9A-337 - Priority of security interests in goods covered by certificate of title.

62A.9A-338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.

62A.9A-339 - Priority subject to subordination.

62A.9A-340 - Effectiveness of right of recoupment or set-off against deposit account.

62A.9A-341 - Bank's rights and duties with respect to deposit account.

62A.9A-342 - Bank's right to refuse to enter into or disclose existence of control agreement.

62A.9A-401 - Alienability of debtor's rights.

62A.9A-402 - Secured party not obligated on contract of debtor or in tort.

62A.9A-403 - Agreement not to assert defenses against assignee.

62A.9A-404 - Rights acquired by assignee; claims and defenses against assignee.

62A.9A-405 - Modification of assigned contract.

62A.9A-406 - Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective.

62A.9A-407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.

62A.9A-408 - Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.

62A.9A-409 - Restrictions on assignment of letter-of-credit rights ineffective.

62A.9A-501 - Filing office.

62A.9A-502 - Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.

62A.9A-503 - Name of debtor and secured party.

62A.9A-504 - Indication of collateral.

62A.9A-505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.

62A.9A-506 - Effect of errors or omissions.

62A.9A-507 - Effect of certain events on effectiveness of financing statement.

62A.9A-508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.

62A.9A-509 - Persons entitled to file a record.

62A.9A-510 - Effectiveness of filed record.

62A.9A-511 - Secured party of record.

62A.9A-512 - Amendment of financing statement.

62A.9A-513 - Termination statement.

62A.9A-514 - Assignment of powers of secured party of record.

62A.9A-515 - Duration and effectiveness of financing statement; effect of lapsed financing statement.

62A.9A-516 - What constitutes filing; effectiveness of filing.

62A.9A-517 - Effect of indexing errors.

62A.9A-518 - Claim concerning inaccurate or wrongfully filed record.

62A.9A-519 - Numbering, maintaining, and indexing records; communicating information provided in records.

62A.9A-520 - Acceptance and refusal to accept record.

62A.9A-521 - Uniform form of written financing statement and amendment.

62A.9A-522 - Maintenance and destruction of records.

62A.9A-523 - Information from filing office; sale or license of records.

62A.9A-524 - Delay by filing office.

62A.9A-525 - Fees.

62A.9A-526 - Filing-office rules.

62A.9A-527 - Duty to report.

62A.9A-601 - Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.

62A.9A-602 - Waiver and variance of rights and duties.

62A.9A-603 - Agreement on standards concerning rights and duties.

62A.9A-604 - Procedure if security agreement covers real property, fixtures, or manufactured home.

62A.9A-605 - Unknown debtor or secondary obligor.

62A.9A-606 - Time of default for agricultural lien.

62A.9A-607 - Collection and enforcement by secured party.

62A.9A-608 - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.

62A.9A-609 - Secured party's right to take possession after default.

62A.9A-610 - Disposition of collateral after default.

62A.9A-611 - Notification before disposition of collateral.

62A.9A-612 - Timeliness of notification before disposition of collateral.

62A.9A-613 - Contents and form of notification before disposition of collateral: General.

62A.9A-614 - Contents and form of notification before disposition of collateral: Consumer-goods transaction.

62A.9A-615 - Application of proceeds of disposition; liability for deficiency and right to surplus.

62A.9A-616 - Explanation of calculation of surplus or deficiency.

62A.9A-617 - Rights of transferee of collateral.

62A.9A-618 - Rights and duties of certain secondary obligors.

62A.9A-619 - Transfer of record or legal title.

62A.9A-620 - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.

62A.9A-621 - Notification of proposal to accept collateral.

62A.9A-622 - Effect of acceptance of collateral.

62A.9A-623 - Right to redeem collateral.

62A.9A-624 - Waiver.

62A.9A-625 - Remedies for secured party's failure to comply with Article.

62A.9A-626 - Action in which deficiency or surplus is in issue.

62A.9A-627 - Determination of whether conduct was commercially reasonable.

62A.9A-628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.

62A.9A-701 - Effective date—2000 c 250.

62A.9A-702 - Savings clause.

62A.9A-703 - Security interest perfected before effective date.

62A.9A-704 - Security interest unperfected before effective date.

62A.9A-705 - Effectiveness of action taken before effective date.

62A.9A-706 - When initial financing statement suffices to continue effectiveness of financing statement.

62A.9A-707 - Amendment of preeffective-date financing statement.

62A.9A-708 - Persons entitled to file initial financing statement or continuation statement.

62A.9A-709 - Priority.

62A.9A-803 - Security interest perfected before effective date.

62A.9A-804 - Security interest unperfected before effective date.

62A.9A-805 - Effectiveness of action taken before effective date.

62A.9A-806 - When initial financing statement suffices to continue effectiveness of financing statement.

62A.9A-807 - Amendment of preeffective date financing statement.

62A.9A-808 - Person entitled to file initial financing statement or continuation statement.

62A.9A-809 - Priority.