Virginia Statutes

§ 59.1-507.3 — Cure of breach of contract

Virginia § 59.1-507.3
JurisdictionVirginia
Title 59.1TRADE AND COMMERCE
Ch. 43UNIFORM COMPUTER INFORMATION TRANSACTIONS ACT
Art. 7BREACH OF CONTRACT

This text of Virginia § 59.1-507.3 (Cure of breach of contract) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 59.1-507.3 (2026).

Text

(a)A party in breach of contract may cure the breach at its own expense if:
(1)the time for performance has not expired and the party in breach seasonably notifies the aggrieved party of its intent to cure and, within the time for performance, makes a conforming performance;
(2)the party in breach had reasonable grounds to believe the performance would be acceptable with or without monetary allowance, seasonably notifies the aggrieved party of its intent to cure, and provides a conforming performance within a further reasonable time after performance was due; or
(3)in a case not governed by paragraph (1) or (2), the party in breach seasonably notifies the aggrieved party of its intent to cure and promptly provides a conforming performance before cancellation by the aggrieved party.

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Legislative History

2000, cc. 101, 996.

Nearby Sections

15
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Bluebook (online)
Virginia § 59.1-507.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/59.1/59.1-507.3.