Statutes > New Mexico Statutes > Chapter 55 - Uniform Commercial Code. > Article 1 - General Provisions, 55-1-101 through 55-1-310. > Section 55-1-306 - Waiver or renunciation of claim or right after breach.

Section 55-1-306 - Waiver or renunciation of claim or right after breach.

55-1-306. 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 an authenticated record.