Section 440.1107 - Discharge of claim or right after breach; consideration.
UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
440.1107 Discharge of claim or right after breach; consideration.
Sec. 1107.
Any claim or right arising out of an alleged breach can be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party.
History: 1962, Act 174, Eff. Jan. 1, 1964