Mont. Code Ann. § 30-9A-602

Waiver and variance of rights and duties

Last amended: 1999Year: 2026Length: 289 wordsOfficial source
30-9A-602 . Waiver and variance of rights and duties. Except as provided in 30-9A-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) 30-9A-207 (2)(d)(iii), which deals with use and operation of the collateral by the secured party; (2) 30-9A-210 , which deals with requests for an accounting and requests concerning a list of collateral and statement of account; (3) 30-9A-607 (3), which deals with collection and enforcement of collateral; (4) 30-9A-608 (1) and 30-9A-615 (3) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement, or disposition; (5) 30-9A-608 (1) and 30-9A-615 (4) to the extent that they require accounting for or payment of surplus proceeds of collateral; (6) 30-9A-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) 30-9A-610 (2), 30-9A-611 , 30-9A-613 , and 30-9A-614 , which deal with disposition of collateral; (8) 30-9A-615 (6), 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) 30-9A-616 , which deals with explanation of the calculation of a surplus or deficiency; (10) 30-9A-620 through 30-9A-622 , which deal with acceptance of collateral in satisfaction of obligation; (11) 30-9A-623 , which deals with redemption of collateral; (12) 30-9A-624 , which deals with permissible waivers; and (13) 30-9A-625 and 30-9A-626 , which deal with the secured party's liability for failure to comply with this chapter.
Mont. Code Ann. § 30-9A-602: Waiver and variance of rights and duties | Justis AI