Current with changes from the 2024 legislative session through ch. 845
Section 4.1-418 - Reasonableness and good faithA. Every agreement entered into under this chapter shall impose on the parties the obligation to act in good faith.B. This chapter shall impose on every term and provision of any agreement a requirement of reasonableness. Every term or provision shall be interpreted so that the requirements or obligations imposed therein are reasonable.Code 1950, § 4-118.40; 1985, c. 542, § 4-118.60; 1989, c. 10; 1993, c. 866.Amended by Acts 1993, § c. 866.Amended by Acts 1989, § c. 10.Amended by Acts 1985, § c. 542, § 4-118.60.