N.J.S.A. 12A:2-303

Allocation or division of risks

12A:2-303. Allocation or division of risks Where this Chapter allocates a risk or a burden as between the parties "unless otherwise agreed" , the agreement may not only shift the allocation but may also divide the risk or burden. L.1961, c. 120, s. 2-303.

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This is the verbatim text of N.J.S.A. 12A:2-303, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.