(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 § 2362 of this title if the standards are not manifestly unreasonable.\n(b) Agreed standards inapplicable to breach of peace.— Subsection (a) of this section does not apply to the duty under § 2369 of this title to refrain from breaching the peace.\nHistory —Sept. 19, 1996, No. 241, added as § 9-603 on Jan. 17, 2012, No. 21, § 11, eff. 1 year after Jan. 17, 2012.
Puerto Rico Legal Code