Illinois Compiled Statutes 810 ILCS 5 Uniform Commercial Code. Section 2-303

    (810 ILCS 5/2-303) (from Ch. 26, par. 2-303)

    Sec. 2-303. Allocation or division of risks.

    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.

(Source: Laws 1961, p. 2101.)

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Last modified: February 18, 2015