Alabama Statutes
§ 7-1-306 — Waiver or Renunciation of Claim or Right After Breach
Alabama·Title 7 Commercial Code·Art. 1 General Provisions·Part 3 Territorial Applicability; Parties’ Power to Choose Applicable Law
A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the aggrieved party in a signed record.
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Legislative History
(Act 2004-524, p. 1070, §1; Act 2023-492, §1.)
Nearby Sections
15
§ 7-1-101
Short Titles§ 7-1-102
Scope of Article§ 7-1-104
Construction Against Implied Repeal§ 7-1-105
Severability§ 7-1-106
Use of Singular and Plural; Gender§ 7-1-107
Section Captions§ 7-1-109
Section Captions§ 7-1-201
General Definitions§ 7-1-202
Notice; Knowledge§ 7-1-204
Value§ 7-1-205
Reasonable Time; Seasonableness§ 7-1-206
Presumptions