Oregon Revised Statutes

Or. Rev. Stat. § 79A.6020 (2026)

UCC 9-602. Waiver and variance of rights and duties

✓ current as of May 2026
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      79A.6020 UCC 9-602. Waiver and variance of rights and duties. Except as otherwise provided in ORS 79A.6240, 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) ORS 79A.2070 (2)(d)(C), which deals with use and operation of the collateral by the secured party;

      (2) ORS 79A.2100, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;

      (3) ORS 79A.6070 (3), which deals with collection and enforcement of collateral;

      (4) ORS 79A.6080 (1) and 79A.6150 (3) to the extent that they deal with application or payment of noncash proceeds of collection, enforcement or disposition;

      (5) ORS 79A.6080 (1) and 79A.6150 (4) to the extent that they require accounting for or payment of surplus proceeds of collateral;

      (6) ORS 79A.6090 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) ORS 79A.6100 (2), 79A.6110, 79A.6130 and 79A.6140, which deal with disposition of collateral;

      (8) ORS 79A.6150 (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) ORS 79A.6160, which deals with explanation of the calculation of a surplus or deficiency;

      (10) ORS 79A.6200, 79A.6210 and 79A.6220, which deal with acceptance of collateral in satisfaction of obligation;

      (11) ORS 79A.6230, which deals with redemption of collateral;

      (12) ORS 79A.6240, which deals with permissible waivers; and

      (13) ORS 79A.6250 and 79A.6260, which deal with the secured party’s liability for failure to comply with this chapter. [Formerly 79.0602]