2013 Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 1-A: GENERAL PROVISIONS
11 §1-1308. Performance or acceptance under reservation of rights


ME Rev Stat § 1-1308 (2013 through 126th 1st Sp Sess) What's This?

Part 3: TERRITORIAL APPLICABILITY AND GENERAL RULES

1-1308. 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.

[ 2009, c. 325, Pt. A, 2 (NEW); 2009, c. 325, Pt. A, 4 (AFF) .]

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

[ 2009, c. 325, Pt. A, 2 (NEW); 2009, c. 325, Pt. A, 4 (AFF) .]

SECTION HISTORY

2009, c. 325, Pt. A, 2 (NEW). 2009, c. 325, Pt. A, 4 (AFF).

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