HRS §490:9-624

When you can give up rights after default

Read the official text at capitol.hawaii.gov ↗

This section says when a borrower or someone who guarantees a loan can give up certain rights after defaulting. They can only do this by signing a written agreement after the default happens. In most cases, they can also give up the right to get collateral back, but not in consumer goods deals.

borrowerscreditorsdebtors

The statute, as written — Waiver

A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.

(a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 490:9-611 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 490:9-620(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 490:9-623 only by an agreement to that effect entered into and signed after default.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§490:9-611 Who must get notice before collateral is sold

§490:9-620 When a lender can keep collateral for the debt

§490:9-623 Right to redeem collateral

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.