Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter25. Uniform Commercial Code. |
Article1. General Provisions |
Part3. TERRITORIAL APPLICABILITY AND GENERAL RULES |
§25-1-308. Performance or acceptance under reservation of rights
Latest version.
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(a) 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.
(b) Subsection (a) of this section does not apply to an accord and satisfaction.
(1965, c. 700, s. 1; 1995, c. 232, s. 4; 2006-112, s. 1.)