Vermont § 602 - § 9—602.

Full text of Vermont Vermont Statutes Online § 602 — § 9—602., with citation guidance and answers to common questions.

§ 602. § 9—602.

  • Waiver and variance of rights and duties Except as otherwise provided in section 9—624 of this title, 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) subdivision 9—207(b)(4)(C) of this title, which deals with use and operation of the collateral by the secured party; (2) section 9—210 of this title, which deals with requests for an accounting and requests concerning a list of collateral
    and statement of account; (3) subsection 9—607(c) of this title, which deals with collection and enforcement of collateral; (4) subsections 9—608(a) and 9—615(c) of this title to the extent that they deal with application or payment of noncash proceeds of collection,
    enforcement, or disposition; (5) subsections 9—608(a) and 9—615(d) of this title to the extent that they require accounting for or payment of surplus proceeds of
    collateral; (6) section 9—609 of this title 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) subsection 9—610(b) of this title, and sections 9—611, 9—613, and 9—614 of this title, which deal with disposition of collateral; (8) subsection 9—615(f) of this title, 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) section 9—616 of this title, which deals with explanation of the calculation of a surplus or deficiency; (10) sections 9—620, 9—621, and 9—622 of this title, which deal with acceptance of collateral in satisfaction
    of obligation; (11) section 9—623 of this title, which deals with redemption of collateral; (12) section 9—624 of this title, which deals with permissible waivers; and (13) sections 9—625 and 9—626 of this title, which deal with the secured party’s liability for failure to comply with this article. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)

Frequently Asked Questions About Vermont § 602

What does Vermont Statutes Online § 602 cover?

Section 602 ("§ 9—602.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 602?

A common citation format is "Vermont Statutes Online § 602" (Vermont). 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 Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 602 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.