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15 Νοε 2023 · Civil Code section 1542 provides, “A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in — November 15, 2023.
1 Ιαν 2019 · Civil Code Section 1542 contains waivable language intended to prevent a releasor from inadvertently waiving unknown claims merely by signing a general release.
For this reason, in California a “Section 1542 Waiver” is needed if the settling parties wish to include both known and as yet unknown claims in a general release. Merely reciting that Civil Code section 1542 is waived, or that the parties intend to waive unknown claims, is not sufficient.
1 Ιαν 2023 · A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.
1542. A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party. California Codes Text Search.
Cal. CIV Code § 1542 - 1542. A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him.
28 Μαΐ 2019 · As many of you reading this article will already know, in order to obtain a full release of both known and unknown claims under California law, the release must cite the language of California Civil Code Section 1542, and contain a clean and unambiguous waiver of the protections of the statute, since the statute is intended to prevent the ...
