§ 25‑9‑603.  Agreement on standards concerning rights and duties.

(a) Agreed standards. – 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 G.S. 25‑9‑602 if the standards are not manifestly unreasonable.

(b) Agreed standards inapplicable to breach of peace. – Subsection (a) of this section does not apply to the duty under G.S. 25‑9‑609 to refrain from breaching the peace. (1866‑7, c. 1, s. 2; 1872‑3, c. 133, s. 2; 1883, c. 88; Code, s. 1800; 1893, c. 9; Rev., s. 2054; C.S., s. 2488; 1961, c. 574; 1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000‑169, s. 1.)