In all claims, or money demands, of whatever kind, and howsoever due, where an agreement is made and accepted for a less amount than that demanded or claimed to be due, in satisfaction thereof, the payment of the less amount according to such agreement in compromise of the whole is a full and complete discharge of the same. (1874-5, c. 178; Code, s. 574; Rev., s. 859; C.S., s. 895.)
Sections: Previous 1-539.9 1-539.10 1-539.11 1-539.12 1-539.16 1-539.21 1-539.25 1-540 1-540.1 1-540.2 1-540.3 1-543.1 1-543.10 1-543.11 1-543.12 Next
Last modified: March 23, 2014