Alaska Stat. § 10.15.220
This is the official text of Alaska Stat. § 10.15.220, part of Alaska’s Stat — part of the compiled statutory law of Alaska, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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Liquidated damages clause in cooperative contracts.
Official statutory text
The contract referred to in AS 10.15.215 may fix and require liquidated damages to be paid by the member to the cooperative in the event of a breach of the contract by the member. Liquidated damages may be a percentage of the value or a specified amount per unit of the products, goods or services involved by the breach, or a specific sum.
Status: in_force · Read it on the official government site
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