Section 4-9-624 - Waiver

(a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 4-9-611 only by an agreement to that effect entered into and signed after default.(b) A debtor may waive the right to require disposition of collateral under section 4-9-620 (e) only by an agreement to that effect entered into and signed after default.(c) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under section 4-9-623. Any such waiver must be by an agreement to that effect entered into and signed after default.Amended by 2023 Ch. 136,§ 87, eff. 8/7/2023.L. 2001: Entire article R&RE, p. 1417, § 1, effective July 1.(1) The provisions of this section are similar to provisions of several former sections as they existed prior to 2001. For a detailed comparison, see the comparative tables located in the back of the index.(2) Colorado legislative change: Colorado added the phrase 'Any such waiver must be' in subsection (c).2023 Ch. 136, was passed without a safety clause. See Colo. Const. art. V, § 1(3).