Maine § 2-209. - Modification, rescission and waiver
Full text of Maine Maine Revised Statutes § 2-209. — Modification, rescission and waiver, with citation guidance and answers to common questions.
§ 2-209.. Modification, rescission and waiver
(1). An agreement modifying a contract within this article needs no consideration to be binding.
(2). A signed agreement that excludes modification or rescission except by a signed writing or other signed record may not be otherwise modified or rescinded, but except as between merchants such a requirement on a form supplied by the merchant must be separately signed by the other party.
(3). The requirements of the statute of frauds section of this Article (section 2‑201) must be satisfied if the contract as modified is within its provisions.
(4). Although an attempt at modification or rescission does not satisfy the requirements of subsection (2) or (3) it can operate as a waiver.
(5). A party who has made a waiver affecting an executory portion of the contract may retract the waiver by reasonable notification received by the other party that strict performance will be required of any term waived, unless the retraction would be unjust in view of a material change of position in reliance on the waiver.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 2-209.
What does Maine Revised Statutes § 2-209. cover?
Section 2-209. ("Modification, rescission and waiver") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 2-209.?
A common citation format is "Maine Revised Statutes § 2-209." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 2-209. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.