MCL - Section 440.2807

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962


440.2807 Discharge of claim or right without consideration.

Sec. 2A107.

     A claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party.


History: Add. 1992, Act 101, Eff. Sept. 30, 1992