Remedies for breach of contract.
Damages to be paid to a limited cooperative association for breach or anticipatory repudiation of a marketing contract may be liquidated, but only at an amount or under a formula that is reasonable in light of the actual or anticipated harm caused by the breach or repudiation. A provision that so provides shall not be a penalty. Upon a breach of a marketing contract, whether by anticipatory repudiation or otherwise, a limited cooperative association may seek: An injunction to prevent further breach; and Specific performance. The remedies in this section are in addition to any other remedies available to an association under law other than this chapter.
Annotations
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720 Uniform Law: This section is based on § 704 of the Uniform Limited Cooperative Association Act. Edition This section is referenced in § 29-1001.09.
Sourced from the DC Council Open Law Library (public domain).
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