§ 13-204. Evidence of consideration  


Latest version.



  •    The consideration payable shall be described in:

       (1) the recitals or the acknowledgment of the instrument of writing; or

       (2) a statement under oath that accompanies the instrument of writing and that is signed by a party to the instrument or by an agent of a party.


HISTORY: An. Code 1957, art. 81, § 278A; 1985, ch. 8, § 2.