Colorado § 4-2-611 Retraction of anticipatory repudiation

Colorado Statutes

§ 4-2-611 — Retraction of anticipatory repudiation

Colorado·Title 04 Uniform·Art. Sales

(1)Until the repudiating party's next performance is due, he can retract his repudiation, unless the aggrieved party has since the repudiation canceled or materially changed his position or otherwise indicated that he considers the repudiation final.

(2)Retraction may be by any method which clearly indicates to the aggrieved party that the repudiating party intends to perform, but must include any assurance justifiably demanded under the provisions of this article (section 4-2-609).

(3)Retraction reinstates the repudiating party's rights under the contract with due excuse and allowance to the aggrieved party for any delay occasioned by the repudiation.

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(1) Until the repudiating
party's next performance is due, he can retract his repudiation, unless the
aggrieved party has since the repudiation canceled or materially changed his
position or otherwise indicated that he considers the repudiation final.

(2) Retraction may be by any method which clearly indicates to the
aggrieved party that the repudiating party intends to perform, but must include any
assurance justifiably demanded under the provisions of this article (section 4-2-609).

(3) Retraction reinstates the repudiating party's rights under the contract
with due excuse and allowance to the aggrieved party for any delay occasioned by
the repudiation.

Colorado § 4-2-611 (Retraction of anticipatory repudiation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.