CODE OF VIRGINIA

AGREEMENT ON STANDARDS CONCERNING RIGHTS AND DUTIES (§ 8.9A-603)

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 § 8.9A-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 § 8.9A-609 to refrain from breaching the peace.

HISTORY: 1964, c. 219, § 8.9-501; 1973, c. 509; 2000, c. 1007.