General Obligations Law 5-1105 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 5-1103 Written agreement for modification or discharge up TITLE 11 Consideration; Effect of Writing On Requirement of Consideration next SECTION 5-1107 Written assignment Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 5-1105 Written promise expressing past consideration General Obligations (GOB) CHAPTER 24-A, ARTICLE 5, TITLE 11 § 5-1105. Written promise expressing past consideration. A promise in writing and signed by the promisor or by his agent shall not be denied effect as a valid contractual obligation on the ground that consideration for the promise is past or executed, if the consideration is expressed in the writing and is proved to have been given or performed and would be a valid consideration but for the time when it was given or performed.