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Discharge Of Claim Or Right After Breach; Consideration - Mich. Comp. Laws Section 440.1107

Legal Research Home > Michigan Lawyer > Uniform Commercial Code > Discharge Of Claim Or Right After Breach; Consideration - Mich. Comp. Laws Section 440.1107

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UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.1107 Discharge of claim or right after breach; consideration.

Sec. 1107.

Any claim or right arising out of an alleged breach can be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party.

History: 1962, Act 174, Eff. Jan. 1, 1964

Section: Previous 440.1101 440.1102 440.1103 440.1104 440.1105 440.1106 440.1107 440.1201 440.1202 440.1203 440.1204 440.1205 440.1206 440.1207 440.1208 Next

Last modified: January 1, 2008