Section 566.1 – Agreements to Modify or Discharge Contracts and Obligations Valid Without Consideration.

566.1 Agreements to modify or discharge contracts and obligations valid without consideration. Sec. 1. An agreement hereafter made to change or modify, or to discharge in whole or in part, any contract, obligation, or lease, or any mortgage or other security interest in personal or real property, shall not be invalid because of the absence […]