Sec. 717. The buyer on notifying the seller of his intention so to do may deduct all or any part of the damages resulting from any breach of the contract from any part of the price still due under the same contract.
Ind. Code § 26-1-2-717
Deduction of damages from the price
Known as the Uniform Commercial Code
The act spans §§ 26-1-1-0.2 to 26-1-9.1-902 (630 sections).
Applied in 1 court decision — leading case Vehicle Service Group, LLC v. Auto Equipment Co. (2011)
Most recently applied in Vehicle Service Group, LLC v. Auto Equipment Co. (October 2011)
Formerly: Acts 1963, c.317, s.2-717.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.