§ 7124. Relief against breach or threatened breach of contract; penalty for interference.
(a) Relief against member.--In the event of a breach or threatened breach of a cooperative contract, the cooperative corporation shall be entitled to an injunction to prevent the breach or any further breach thereof, and to a decree of specific performance thereof. Upon showing the breach or threatened breach and upon filing a sufficient bond, the corporation shall be entitled to a preliminary or special injunction.
(b) Relief against third parties.--Any person who, with knowledge that a cooperative contract exists, induces or attempts to induce any member to breach the contract, or who in any manner aids a breach of the contract, shall be liable to the cooperative corporation for damages caused by such interference. The corporation shall also be entitled to an injunction to prevent any interference or further interference with the contract.
Cross References. Section 7124 is referred to in section 7125 of this title.Section: Previous 7101 7102 7103 7104 7105 7106 7107 7111 7112 7121 7122 7123 7124 7125 Next
Last modified: October 8, 2016