11-12 - Part performance extinguishing obligation. - Virginia Statutes

§ 11-12. Part performance extinguishing obligation.

Part performance of an obligation, promise or undertaking, either before orafter a breach thereof, when expressly accepted by the creditor insatisfaction 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.)