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IC 26-1-9.1-624 — Debtor's or secondary obligor's waiver of rights regarding disposition or redemption of collateral

Chapter 9.1. Secured Transactions

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Sec. 624. (a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under IC 26-1-9.1-611 only by an agreement to that effect entered into and signed after default. (b) A debtor may waive the right to require disposition of collateral under IC 26-1-9.1-620(e) only by an agreement to that effect entered into and signed after default. (c) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under IC 26-1-9.1-623 only by an agreement to that effect entered into and signed after default.

As added by P.L.57-2000, SEC.45. Amended by P.L.199-2023, SEC.87.

Source: official publisher (2026 edition)

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