§ 1609 Executory Consideration Rules
This law says a promise or deal can be done right away or later, and if it's a later promise, it must follow the rules in Chapter IV.
You promise to pay your friend $50 next month for helping you move furniture.
The promise to pay later is called 'executory.' Because it will happen in the future, this law says that promise must follow the special rules in Chapter IV, even though you only owe part of the $50 now.
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§ 1609 Executory Consideration Rules
Last verified: January 9, 2026