Texas Statutes
Subchapter F. Default
Section 9.602. Waiver and Variance of Rights and Duties

Sec. 9.602. WAIVER AND VARIANCE OF RIGHTS AND DUTIES. Except as otherwise provided in Section 9.624, to the extent that they give rights to a debtor or obligor and impose duties on a secured party, the debtor or obligor may not waive or vary the rules stated in the following listed sections:
(1) Section 9.207(b)(4)(C), which deals with use and operation of the collateral by the secured party;
(2) Section 9.210, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;
(3) Section 9.607(c), which deals with collection and enforcement of collateral;
(4) Sections 9.608(a) and 9.615(c) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition;
(5) Sections 9.608(a) and 9.615(d) to the extent that they require accounting for or payment of surplus proceeds of collateral;
(6) Section 9.609 to the extent that it imposes upon a secured party that takes possession of collateral without judicial process the duty to do so without breach of the peace;
(7) Sections 9.610(b), 9.611, 9.613, and 9.614, which deal with disposition of collateral;
(8) Section 9.615(f), which deals with calculation of a deficiency or surplus when a disposition is made to the secured party, a person related to the secured party, or a secondary obligor;
(9) Section 9.616, which deals with explanation of the calculation of a surplus or deficiency;
(10) Sections 9.620, 9.621, and 9.622, which deal with acceptance of collateral in satisfaction of obligation;
(11) Section 9.623, which deals with redemption of collateral;
(12) Section 9.624, which deals with permissible waivers; and
(13) Sections 9.625 and 9.626, which deal with the secured party's liability for failure to comply with this chapter.
Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.

Structure Texas Statutes

Texas Statutes

Business and Commerce Code

Title 1 - Uniform Commercial Code

Chapter 9 - Secured Transactions

Subchapter F. Default

Section 9.601. Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes

Section 9.602. Waiver and Variance of Rights and Duties

Section 9.603. Agreement on Standards Concerning Rights and Duties

Section 9.604. Procedure if Security Agreement Covers Real Property or Fixtures

Section 9.605. Unknown Debtor or Secondary Obligor

Section 9.606. Time of Default for Agricultural Lien

Section 9.607. Collection and Enforcement by Secured Party

Section 9.608. Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus

Section 9.609. Secured Party's Right to Take Possession After Default

Section 9.610. Disposition of Collateral After Default

Section 9.611. Notification Before Disposition of Collateral

Section 9.612. Timeliness of Notification Before Disposition of Collateral

Section 9.613. Contents and Form of Notification Before Disposition of Collateral: General

Section 9.614. Contents and Form of Notification Before Disposition of Collateral: Consumer-Goods Transaction

Section 9.615. Application of Proceeds of Disposition; Liability for Deficiency and Right to Surplus

Section 9.616. Explanation of Calculation of Surplus or Deficiency

Section 9.617. Rights of Transferee of Collateral

Section 9.618. Rights and Duties of Certain Secondary Obligors

Section 9.619. Transfer of Record or Legal Title

Section 9.620. Acceptance of Collateral in Full or Partial Satisfaction of Obligation; Compulsory Disposition of Collateral

Section 9.621. Notification of Proposal to Accept Collateral

Section 9.622. Effect of Acceptance of Collateral

Section 9.623. Right to Redeem Collateral

Section 9.624. Waiver

Section 9.625. Remedies for Secured Party's Failure to Comply With Chapter

Section 9.626. Action in Which Deficiency or Surplus Is in Issue

Section 9.627. Determination of Whether Conduct Was Commercially Reasonable

Section 9.628. Nonliability and Limitation on Liability of Secured Party; Liability of Secondary Obligor