50 USC 3918 - Waiver of rights pursuant to written agreement

U.S Code last checked for updates: Nov 22, 2024

§ 3918.

Waiver of rights pursuant to written agreement

(a)

In general

(b)

Actions requiring waivers in writing

The requirement in subsection (a) for a written waiver applies to the following:

(1)

The modification, termination, or cancellation of—

(A)

a contract, lease, or bailment; or

(B)

an obligation secured by a mortgage, trust, deed, lien, or other security in the nature of a mortgage.

(2)

The repossession, retention, foreclosure, sale, forfeiture, or taking possession of property that—

(A)

is security for any obligation; or

(B)

was purchased or received under a contract, lease, or bailment.

(c)

Prominent display of certain contract rights waivers

(d)

Coverage of periods after orders received

For the purposes of this section—

(1)

a person to whom section 3917 of this title applies shall be considered to be a servicemember; and

(2)

the period with respect to such a person specified in subsection (a) or (b), as the case may be, of

(Oct. 17, 1940, ch. 888, title I, § 107, as added Pub. L. 108–189, § 1, Dec. 19, 2003, 117 Stat. 2839; amended Pub. L. 108–454, title VII, § 702, Dec. 10, 2004, 118 Stat. 3624.)

cite as: 50 USC 3918