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Allocation Or Division Of Risk Or Burden - Mich. Comp. Laws Section 440.2303

Legal Research Home > Michigan Lawyer > Uniform Commercial Code > Allocation Or Division Of Risk Or Burden - Mich. Comp. Laws Section 440.2303

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UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.2303 Allocation or division of risk or burden.

Sec. 2303.

Where this article allocates a risk or a burden as between the parties "unless otherwise agreed", the agreement may not only shift the allocation but may also divide the risk or burden.

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

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Last modified: January 1, 2008