Alabama Statutes

§ 7-1-305 — Remedies to Be Liberally Administered

Alabama·Title 7 Commercial Code·Art. 1 General Provisions·Part 3 Territorial Applicability; Parties’ Power to Choose Applicable Law
(a)The remedies provided by this title must 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 damages nor penal damages may be had except as specifically provided in this title or by other rule of law.
(b)Any right or obligation declared by this title is enforceable by action unless the provision declaring it specifies a different and limited effect.

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Legislative History

(Act 2004-524, p. 1070, §1.)

Nearby Sections

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