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SECTION 1-306

Waiver or Renunciation of Claim or Right After Breach

Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 1, PART 3

Section 1--306. Waiver or Renunciation of Claim or Right After Breach.

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.