GEORGIA CODE (Last Updated: August 20, 2013) |
Title 11. COMMERCIAL CODE |
Article 9. SECURED TRANSACTIONS |
Part 6. DEFAULT |
Part 1. DEFAULT AND ENFORCEMENT OF SECURITY INTEREST |
Section 11-9-624. Waiver.
Latest version.
- (a) Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under Code Section 11-9-611 only by an agreement to that effect entered into and authenticated after default.
(b) Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under subsection (e) of Code Section 11-9-620 only by an agreement to that effect entered into and authenticated after default.
(c) Waiver of redemption right. Except in a consumer goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under Code Section 11-9-623 only by an agreement to that effect entered into and authenticated after default.
Code 1981, § 11-9-624, enacted by Ga. L. 2001, p. 362, § 1.