Part performance extinguishing obligation

Va. Code Ann. § 11-12
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Part performance of an obligation, promise or undertaking, either before or after a breach thereof, when expressly accepted by the creditor in satisfaction and rendered in pursuance of an agreement for that purpose, though without any new consideration, shall extinguish such obligation, promise, or undertaking. Code 1919, § 5765.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/11-12/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements