537A.3  Failure of consideration.

The want or failure, in whole or in part, of the consideration of a written contract may be shown as a defense, total or partial, except as provided in the Uniform Commercial Code, chapter 554.

Section History: Early form

  [C51, § 976; R60, § 1825; C73, § 2114; C97, § 3070; C24, 27, 31, 35, 39, § 9441; C46, 50, 54, 58, 62, 66, 71, 73, § 537.3; C75, 77, 79, 81, § 537A.3]


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