2A:82-3 - Defenses to sealed instruments

2A:82-3.  Defenses to sealed instruments
    In any claim upon a sealed instrument, a party may plead and set up, in defense thereto, fraud in the consideration of the contract upon which recovery  is sought, or want or failure of consideration, as if the instrument were not  sealed.  In such cases the seal shall be only presumptive evidence of  sufficient consideration, which presumption may be rebutted as if the instrument were not sealed.
 
L.1951 (1st SS), c.344.