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Michigan Legislature
Michigan Compiled Laws Complete Through PA 428 and includes 430-457 of 2018
House: Adjourned until Tuesday, January 22, 2019 1:30:00 PM
Senate: Adjourned until Tuesday, January 22, 2019 10:00:00 AM

Please note: PA numbers 632 through 690 were updated on January 4th.

Michigan Legislature

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Section 440.1305

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962


440.1305 Administration of remedies; enforcement of right or obligation.

Sec. 1305.

(1) The remedies provided in this act 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 act or by other rule of law.

(2) Any right or obligation declared by this act is enforceable by action unless the provision declaring it specifies a different and limited effect.


History: Add. 2012, Act 86, Eff. July 1, 2013


© 2017 Legislative Council, State of Michigan

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