§1-1308. Performance or acceptance under reservation of rights
89 words·~1 min read·
/me/title-11-uniform-commercial-code/1-1308A 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.
[PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).]
(2). Subsection
(1)does not apply to an accord and satisfaction.
[PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).]