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N.C. Gen. Stat. § 25-2-720

Effect of "cancellation" or "rescission" on claims for antecedent breach

Known as the Uniform Commercial Code

The act spans §§ 25-1-101 to 25-9-710 (616 sections).

1965, c. 700, s. 1.

Unless the contrary intention clearly appears, expressions of "cancellation" or "rescission" of the contract or the like shall not be construed as a renunciation or discharge of any claim in damages for an antecedent breach.

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.