Illinois Compiled Statutes 810 ILCS 5 Uniform Commercial Code. Section 2-720

    (810 ILCS 5/2-720) (from Ch. 26, par. 2-720)

    Sec. 2-720. Effect of "cancellation" or "recision" 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.

(Source: Laws 1961, p. 2101.)

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Last modified: February 18, 2015