Agreement on standards concerning rights and duties.

N.J. Stat. § 12A:9-603
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
12A: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 12A:9-602 if the standards are not manifestly unreasonable. (b) Agreed standards inapplicable to breach of peace. Subsection (a) does not apply to the duty under 12A:9-609 to refrain from breaching the peace. L.2001, c.117, s.1; amended 2001, c.386, s.93.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

Starting a business in New Jersey? New Jersey LLC guide: costs and requirements