Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 1-306 — Waiver or Renunciation of Claim or Right After Breach

N.Y. U.C.C. Law § 1-306

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

Section 1--306. Waiver or Renunciation of Claim or Right After Breach.

Citator

N.Y. U.C.C. Law § 1-306 — Waiver or Renunciation of Claim or Right After Breach is in force in the current edition of the Code, and nothing recorded condemns it.

Section 1--306. Waiver or Renunciation of Claim or Right After Breach.

A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the aggrieved party in a signed record.