New York § 1-305 Remedies to be Liberally Administered

New York Statutes

§ 1-305 — Remedies to be Liberally Administered

New York § 1-305

Law UCCUniform Commercial Code

Part 3Territorial Applicability and General Rules

Art. 1No title

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Bluebook

N.Y. Uniform Commercial Code § 1-305 (2026).

Text

Section 1--305. Remedies to be Liberally Administered.\n  (a) The remedies provided by this act must be liberally administered\nto the end that the aggrieved party may be put in as good a position as\nif the other party had fully performed but neither consequential or\nspecial damages nor penal damages may be had except as specifically\nprovided in this act or by other rule of law.\n  (b) Any right or obligation declared by this act is enforceable by\naction unless the provision declaring it specifies a different and\nlimited effect.\n

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Section 1--305. Remedies to be Liberally Administered.\n (a) The remedies provided by this act must be liberally administered\nto the end that the aggrieved party may be put in as good a position as\nif the other party had fully performed but neither consequential or\nspecial damages nor penal damages may be had except as specifically\nprovided in this act or by other rule of law.\n (b) Any right or obligation declared by this act is enforceable by\naction unless the provision declaring it specifies a different and\nlimited effect.\n