78B-5-815 - Release, settlement, or statement by injured person -- Notice of rescission or disavowal.
78B-5-815. Release, settlement, or statement by injured person -- Notice ofrescission or disavowal.
Notice of cancellation or notice disavowing a statement, if given by mail, is given when itis deposited in a mailbox, properly addressed with postage prepaid. Notice of cancellation givenby the injured person need not take a particular form. It is sufficient if it indicates by any form ofwritten expression the intention of the injured person not to be bound by the settlementagreement, liability release, or disavowed statement.
Renumbered and Amended by Chapter 3, 2008 General Session