D.C. Code § 29-1007.04

Current through codified legislation effective October 30, 2024
Section 29-1007.04 - Remedies for breach of contract
(a) Damages to be paid to a limited cooperative association for breach or anticipatory repudiation of a marketing contract may be liquidated, but only at an amount or under a formula that is reasonable in light of the actual or anticipated harm caused by the breach or repudiation. A provision that so provides shall not be a penalty.
(b) Upon a breach of a marketing contract, whether by anticipatory repudiation or otherwise, a limited cooperative association may seek:
(1) An injunction to prevent further breach; and
(2) Specific performance.
(c) The remedies in this section are in addition to any other remedies available to an association under law other than this chapter.

D.C. Code § 29-1007.04

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.

Uniform Law: This section is based on § ,704 of the Uniform Limited Cooperative Association Act. Edition