TITLE 30. TRADE AND COMMERCE

CHAPTER 1. UNIFORM COMMERCIAL CODE GENERAL PROVISIONS

Part 1. Short Title, Construction, Application, and Subject Matter of the Code

Remedies To Be Liberally Administered

30-1-106. Remedies to be liberally administered. (1) 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 nor penal damages may be had except as specifically provided in this code or by other rule of law.

(2) Any right or obligation declared by this code is enforceable by action unless the provision declaring it specifies a different and limited effect.

History: En. Sec. 1-106, Ch. 264, L. 1963; R.C.M. 1947, 87A-1-106.