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§ 1-308. Performance or acceptance under reservation of rights

West's Annotated Code of MarylandCommercial LawEffective: June 1, 2012

West's Annotated Code of Maryland
Commercial Law
Title 1. General Provisions (Refs & Annos)
Subtitle 3. Territorial Applicability and Applicable Law (Refs & Annos)
Effective: June 1, 2012
MD Code, Commercial Law, § 1-308
§ 1-308. Performance or acceptance under reservation of rights
Currentness
(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.

Credits

Added by Acts 2012, c. 673, § 2, eff. June 1, 2012.
MD Code, Commercial Law, § 1-308, MD COML § 1-308
Current with legislation effective through October 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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