New Jersey § 12a:9-602
Full text of New Jersey New Jersey Statutes § 12a:9-602, with citation guidance and answers to common questions.
§ 12a:9-602.
Except as otherwise provided in 12A:9-624, 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) 12A:9-207 (b) (4) (C) , which deals with use and operation of the collateral by the secured party; (2) 12A:9-210 , which deals with requests for an accounting and requests concerning a list of collateral
and statement of account; (3) 12A:9-607 (c) , which deals with collection and enforcement of collateral; (4) 12A:9-608 (a) , and 12A:9-615 (c) to the extent that they deal with application or payment of noncash proceeds of collection,
enforcement, or disposition; (5) 12A:9-608 (a) and 12A:9-615 (d) to the extent that they require accounting for or payment of surplus proceeds of
collateral; (6) 12A:9-609 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) 12A:9-610 (b) , 12A:9-611, 12A:9-613 and 12A:9-614, which deal with disposition of collateral; (8) 12A:9-615 (f) , 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) 12A:9-616, which deals with explanation of the calculation of a surplus or deficiency; (10) 12A:9-620, 12A:9-621 and 12A:9-622, which deal with acceptance of collateral
in satisfaction of obligation; (11) 12A:9-623, which deals with redemption of collateral; (12) 12A:9-624, which deals with permissible waivers; and (13) 12A:9-625 and 12A:9-626, which deal with the secured party's liability for failure
to comply with this chapter.
Frequently Asked Questions About New Jersey § 12a:9-602
What does New Jersey Statutes § 12a:9-602 cover?
Section 12a:9-602 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:9-602?
A common citation format is "New Jersey Statutes § 12a:9-602" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:9-602 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.