Waiver or renunciation of claim or right after breach [UCC 1-306]
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.
Waiver or renunciation of claim or right after breach - UCC 1-306
Known as the Uniform Commercial Code
The act spans §§ 1301–1301 (26 sections).
Effective: June 29, 2011; Latest Legislation: House Bill 9 - 129th General Assembly
Waiver or renunciation of claim or right after breach [UCC 1-306]
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.
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.