Okla. Stat. tit. 18, § 18-441-704
This is the official text of Okla. Stat. tit. 18, § 18-441-704, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.
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Remedies for breach of contract
Official statutory text
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 is not 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 the
Uniform Limited Cooperative Association Act of 2009.
(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 is not 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 the
Uniform Limited Cooperative Association Act of 2009.
Status: in_force · Read it on the official government site
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