§ 5-1105. Written promise expressing past consideration. A promise in\nwriting and signed by the promisor or by his agent shall not be denied\neffect as a valid contractual obligation on the ground that\nconsideration for the promise is past or executed, if the consideration\nis expressed in the writing and is proved to have been given or\nperformed and would be a valid consideration but for the time when it\nwas given or performed.\n
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