Iowa Code 554.1305 – Remedies to be liberally administered
Current as of: 2023 | Check for updates
|
Other versions
1. The remedies provided by this chapter must 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 chapter or by other rule of law.
Terms Used In Iowa Code 554.1305
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Rule: includes "regulation". See Iowa Code 4.1
2. Any right or obligation declared by this chapter is enforceable by action unless the provision declaring it specifies a different and limited effect.