§490:1-305 Remedies to be liberally administered. (a) The remedies provided by this chapter shall be liberally administered so that the aggrieved party is 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 chapter or by other rule of law.
(b) Any right or obligation declared by this chapter is enforceable by action unless the provision declaring it specifies a different and limited effect. [L 2004, c 162, pt of §1]
Section: Previous 490-1-204 490-1-205 490-1-206 490-1-301 490-1-302 490-1-303 490-1-304 490-1-305 490-1-306 490-1-307 490-1-308 490-1-309 490-1-310 490-2-101 490-2-102 NextLast modified: October 27, 2016