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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 §§ 25–25 (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.