Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 1 - Uniform Commercial Code > Chapter 1 - General Provisions > Part 3 - Subordinated Obligations > § 4-1-306 - Waiver or renunciation of claim or right after breach.

§ 4-1-306 - Waiver or renunciation of claim or right after breach.

4-1-306. 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 an authenticated record.