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- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 1. General Provisions
- Section 106. Remedies to Be Liberally Administered.
previous: Section 105. Territorial Application of the Act; Parties' Power to Choose Applicable Law.
next: Section 107. Waiver or Renunciation of Claim or Right After Breach.
AS 45.01.106. Remedies to Be Liberally Administered.
- (a) The remedies provided by the 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 nor penal damages may
be had except as specifically provided in the code or by other rule of law.
- (b) A right or obligation declared by the code is enforceable by action unless the provision declaring it specifies a
different and limited effect.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort
has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
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Last modified 9/3/2005