Statute · New York General Obligations Law
N.Y. Gen. Oblig. Law § 5-1105 — Written promise expressing past consideration
N.Y. Gen. Oblig. Law § 5-1105
- Type
- Statute
- Source
- New York General Obligations Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 5-1105. Written promise expressing past consideration. A promise in writing and signed by the promisor or by his agent shall not be denied effect as a valid contractual obligation on the ground that consideration for the promise is past or executed, if the consideration is expressed in the…
Citator
N.Y. Gen. Oblig. Law § 5-1105 — Written promise expressing past consideration is in force in the current edition of the Code, and nothing recorded condemns it.
§ 5-1105. Written promise expressing past consideration. A promise in writing and signed by the promisor or by his agent shall not be denied effect as a valid contractual obligation on the ground that consideration for the promise is past or executed, if the consideration is expressed in the writing and is proved to have been given or performed and would be a valid consideration but for the time when it was given or performed.