N.Y. UCC Law § 1-305
This is the official text of N.Y. UCC Law § 1-305, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
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Remedies to be Liberally Administered
Official statutory text
Section 1--305. Remedies to be Liberally Administered.\n (a) The remedies provided by this act must be liberally administered\nto the end that the aggrieved party may be put in as good a position as\nif the other party had fully performed but neither consequential or\nspecial damages nor penal damages may be had except as specifically\nprovided in this act or by other rule of law.\n (b) Any right or obligation declared by this act is enforceable by\naction unless the provision declaring it specifies a different and\nlimited effect.\n
Status: in_force · Read it on the official government site
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