Indiana Code

Ind. Code § 26-1-2-720 (2026)

Effect of "cancellation" or "rescission" on claims for antecedent breach

✓ current as of May 2026
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     Sec. 720. Unless the contrary intention clearly appears, expressions of "cancelation" or "rescission" of the contract or the like shall not be construed as a renunciation or discharge of any claim in damages for an antecedent breach.

Formerly: Acts 1963, c.317, s.2-720.

 

Notes of Decisions
Cited in 2 cases, 1992–2006 · leading case: UFG, LLC v. Sw. Corp., 848 N.E.2d 353 (Ind. Ct. App. 2006).
UFG, LLC v. Sw. Corp., 848 N.E.2d 353 (Ind. Ct. App. 2006). · cites it 2× “The Court also cited Indiana Code § 26-1-2-720, which provides: "Unless the contrary intention clearly appears, expressions of ‘cancellation’ or ‘rescission’ of the contract or the like shall not be construed as a renunciation or discharge of any claim in damages for an…”
Hudson v. McClaskey, 597 N.E.2d 308 (Ind. 1992). · cites it 4× “Indiana Code § 26-1-2-720 reads as follows: "Unless the contrary intention clearly appears, expressions of `cancellation' or `rescission' of the contract or the like shall not be construed as a renunciation or discharge of any claim in damages for an antecedent breach.”
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