New York Uniform Commercial Code Code § 1-306

Waiver or Renunciation of Claim or Right After Breach
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* Section 1--306. Waiver or Renunciation of Claim or Right After Breach.\n  A claim or right arising out of an alleged breach may be discharged in\nwhole or in part without consideration by agreement of the aggrieved\nparty in an authenticated record.\n  * NB Effective until June 3, 2026\n* Section 1--306. Waiver or Renunciation of Claim or Right After Breach.\n  A claim or right arising out of an alleged breach may be discharged in\nwhole or in part without consideration by agreement of the aggrieved\nparty in a signed record.\n  * NB Effective June 3, 2026\n

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