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Code · Iowa · Chapter 554 — Uniform Commercial Code

554.1308 Performance or acceptance under reservation of rights.

79 words·~1 min read·/ia/chapter-554-uniform-commercial-code/554-1308

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as “without prejudice”, “under protest”, or the like are sufficient.
2. Subsection 1 does not apply to an accord and satisfaction.
[C66, 71, 73, 75, 77, 79, 81, §554.1207]
94 Acts, ch 1167, §7, 122; 2007 Acts, ch 41, §19, 54
CS2007, §554.1308
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