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California Commercial Code Section 1305

Legal Research Home > California Lawyer > Commercial Code > California Commercial Code Section 1305

(a) The remedies provided by this code shall be liberally
administered to the end that the aggrieved party may be put in as
good a position as if the other party had fully performed but neither
consequential or special damages nor penal damages may be had except
as specifically provided in this code or by other rule of law.
   (b) Any right or obligation declared by this code is enforceable
by action unless the provision declaring it specifies a different and
limited effect.

Last modified: January 12, 2009