Title 70A Chapter 1a Section 308

Uniform Commercial Code
Uniform Commercial Code - General Provisions
Section 308
Performance or acceptance under reservation of rights.

            

70A-1a-308.   Performance or acceptance under reservation of rights.

            (1) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as "without prejudice," "under protest," or the like are sufficient.

            (2) Subsection (1) does not apply to an accord and satisfaction.


Enacted by Chapter 272, 2007 General Session