Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS |
CHAPTER104. Uniform Commercial Code—Original Articles |
ARTICLE9. SECURED TRANSACTIONS |
PART6. Default |
NRS104.9603. Agreement on standards concerning rights and duties of parties.
Latest version.
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1. 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 NRS 104.9602 if the standards are not manifestly unreasonable.
2. Subsection 1 does not apply to the duty under NRS 104.9609 to refrain from breaching the peace.
(Added to NRS by 1999, 346)