It is the stipulation of settlement between the parties, not the promissory note by the defendant corporation executed pursuant to the terms of that stipulation, that governs the parties' obligations here. Therefore, UCC 3-116 (b), relied upon by defendant, is inapplicable. The language of the stipulation concerning service of a notice to cure is also inapplicable to these circumstances.
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.