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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 1-A: GENERAL PROVISIONS
11 §1-1308. Performance or acceptance under reservation of rights
Universal Citation:
11 ME Rev Stat § 1-1308 (2011 through 125th Legis)
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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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