New York Uniform Commercial Code Law Section 2-720 - Effect of "Cancellation" or "Rescission" on Claims for Antecedent Breach.

Section 2--720. Effect  of  "Cancellation" or "Rescission" on Claims for
                Antecedent Breach.
Unless  the  contrary  intention  clearly  appears,   expressions   of
  "cancellation"  or "rescission" of the contract or the like shall not be
  construed as a renunciation or discharge of any claim in damages for  an
  antecedent breach.

Last modified: February 3, 2019