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Home / News Stories / UCC accord needs more than endorsement as 'paid in full' (access required)

UCC accord needs more than endorsement as 'paid in full' (access required)

Even though a widow tendered a check to a hospital marked with a note that cashing it would mean a "full/final settlement of all claims," she cannot claim accord and satisfaction of her debt, a Richmond Circuit judge has ruled. She failed to satisfy two prongs of a 1993 amendment to the Uniform Commercial Code covering ...