Sec. 207. (1) A party who, 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.
(2) Subsection (1) does not apply to an accord and satisfaction.
Formerly: Acts 1963, c.317, s.1-207. As amended by P.L.222-1993, SEC.2.
Structure Indiana Code
Article 1. Uniform Commercial Code
26-1-1-0.3. Certain Security Interests Considered Perfected
26-1-1-0.6. Application of Article to Certain Questions of Priority; Exceptions
26-1-1-101. Short Title; Application
26-1-1-102. Purposes; Rules of Construction; Variation by Agreement
26-1-1-103. Supplementary General Principles of Law Applicable
26-1-1-104. Construction Against Implicit Repeal
26-1-1-106. Remedies to Be Liberally Administered
26-1-1-107. Waiver or Renunciation of Claim or Right After Breach
26-1-1-108.1. Powers of Secretary of State; Filing; Acceptance of Payment for Fees
26-1-1-108.2. Effect on Electronic Signatures in Global and National Commerce Act
26-1-1-201. General Definitions
26-1-1-202. Prima Facie Evidence by Third Party Documents
26-1-1-203. Obligation of Good Faith
26-1-1-204. Time; Reasonable Time; "Seasonably"
26-1-1-205. Course of Dealing, Course of Performance, and Usage of Trade
26-1-1-206. Statute of Frauds for Kinds of Personal Property Not Otherwise Covered
26-1-1-207. Performance or Acceptance Under Reservation of Rights