California Law (Last Updated: March 4, 2014) |
Commercial Code - COM |
Division 1. GENERAL PROVISIONS |
Chapter 3. Territorial Applicability and General Rules |
Section 1305.
Latest version.
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(a) The remedies provided by this code shall be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed but neither consequential or special damages nor penal damages may be had except as specifically provided in this code or by other rule of law.
(b) Any right or obligation declared by this code is enforceable by action unless the provision declaring it specifies a different and limited effect.
(Added by renumbering Section 1106 by Stats. 2006, Ch. 254, Sec. 11. Effective January 1, 2007.)