(1) If the court as a matter of law finds the contract or any clause of the contract to have been unconscionable at the time it was made the court may refuse to enforce the contract, or it may enforce the remainder of the contract without the unconscionable clause, or it may so limit the application of any unconscionable clause as to avoid any unconscionable result.
(2) When it is claimed or appears to the court that the contract or any clause thereof may be unconscionable the parties shall be afforded a reasonable opportunity to present evidence as to its commercial setting, purpose, and effect to aid the court in making the determination.
Section: 11-2-301 11-2-302 11-2-303 11-2-304 11-2-305 11-2-306 11-2-307 11-2-308 11-2-309 11-2-310 11-2-311 11-2-312 11-2-313 11-2-314 11-2-315 NextLast modified: October 14, 2016