FEDERAL · 15 U.S.C. · Chapter 92

Damages limitation by contract

Current through Pub. L. 119-102
Title 15Commerce and Trade·Ch. 92 — YEAR 2000 COMPUTER DATE CHANGE

In any Y2K action for breach or repudiation of contract, no party may claim, or be awarded, any category of damages unless such damages are allowed—

(1)by the express terms of the contract; or
(2)if the contract is silent on such damages, by operation of State law at the time the contract was effective or by operation of Federal law.

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15 U.S.C. § 6610 (Damages limitation by contract) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 106–37, §11, July 20, 1999, 113 Stat. 199.)