Sec. 2A107.
A claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party.
History: Add. 1992, Act 101, Eff. Sept. 30, 1992
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 2A - Leases (440.2801...440.2982)
174-1962-2A-1 - Part 1 General Provisions (440.2801...440.2810)
Section 440.2801 - Short Title.
Section 440.2802 - Applicability of Article.
Section 440.2803 - Definitions; Sections; Principles of Construction and Interpretation.
Section 440.2805 - Certificate of Title Statute; Compliance; Applicable Law.
Section 440.2806 - Choice of Law; Judicial Forum.
Section 440.2807 - Discharge of Claim or Right Without Consideration.
Section 440.2808 - Unconscionable Contract, Clause, or Conduct.
Section 440.2809 - Power to Accelerate Payment or Performance or Require Collateral; Good Faith.
Section 440.2810 - Motor Vehicle or Trailer; Transaction Creating Sale or Security Interest.