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  1. 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 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.”

  2. 1 Ιαν 2019 · In order to effectively waive the protections of California Civil Code Section 1542, the language of the statute must be included in any agreement, and the parties to the agreement must acknowledge that they are waiving the rights and benefits of the statute.

  3. 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.

  4. 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.

  5. 1 Ιαν 2019 · In order to effectively waive the protections of California Code of Civil Procedure Section 1542, the language of the statute must be included in any agreement, and the parties to the agreement must acknowledge that they are waiving the rights and benefits of the statute.

  6. 25 Φεβ 2019 · In order to effectively waive the protections of California Civil Code Section 1542, the language of the statute must be included in any agreement, and the parties to the agreement must...

  7. 7 Μαρ 2019 · The California Legislature has amended Civil Code section 1542, a statute which precludes the waiver of unknown claims unless express waiver language is included in the parties’ agreement. The changes aren’t substantive: California Senate Bill No. 1431, which prompted the amendments, notes these “are declaratory of existing law.”

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