Indiana Statutes
§ 26-1-1-106 — Remedies to be liberally administered
(1)The remedies provided by IC 26-1 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 IC 26-1 or by other rule of law.
(2)Any right or obligation declared by IC 26-1 is enforceable by
action unless the provision declaring it specifies a different and limited
effect.
Formerly: Acts 1963, c.317, s.1-106. As amended by
P.L.152-1986, SEC.114.
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909 N.E.2d 1040 (Indiana Court of Appeals, 2009)
Wilson v. Royal Motor Sales, Inc.
812 N.E.2d 133 (Indiana Court of Appeals, 2004)
Indiana Glass Co. v. Indiana Michigan Power Co.
692 N.E.2d 886 (Indiana Court of Appeals, 1998)
Martin v. Thor Motor Coach Inc
(N.D. Indiana, 2022)
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
Severability