1.308 – PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF
Texas Business and Commerce Code § 1.308
Summary
This law allows a party to perform or accept performance while explicitly reserving their rights, ensuring that they do not waive any legal claims. It is particularly relevant in contractual disputes where one party may want to fulfill obligations but still maintain their right to contest terms or conditions.
Parties can perform while reserving their rights.
Common phrases include 'without prejudice' or 'under protest'.
Does not apply to accord and satisfaction agreements.
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In simple terms: Learn about Texas's PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.