§ 6A-1-302. Variation by agreement.
(a) Except as otherwise provided in subsection (b) or elsewhere in title 6A, the effect of provisions of title 6A may be varied by agreement.
(b) The obligations of good faith, diligence, reasonableness, and care prescribed by title 6A may not be disclaimed by agreement. The parties, by agreement, may determine the standards by which the performance of those obligations is to be measured if those standards are not manifestly unreasonable. Whenever title 6A requires an action to be taken within a reasonable time, a time that is not manifestly unreasonable may be fixed by agreement.
(c) The presence in certain provisions of title 6A of the phrase “unless otherwise agreed”, or words of similar import, does not imply that the effect of other provisions may not be varied by agreement under this section.
History of Section.P.L. 2007, ch. 19, § 4; P.L. 2007, ch. 34, § 4.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-1 - General Provisions
Part 3 - Territorial Applicability and General Rules
Section 6A-1-301. - Territorial applicability — Parties’ power to choose applicable law.
Section 6A-1-302. - Variation by agreement.
Section 6A-1-303. - Course of performance, course of dealing and usage of trade.
Section 6A-1-304. - Obligation of good faith.
Section 6A-1-305. - Remedies to be liberally administered.
Section 6A-1-306. - Waiver or renunciation of claim or right after breach.
Section 6A-1-307. - Prima facie evidence by third-party documents.
Section 6A-1-308. - Performance or acceptance under reservation of rights.