KRS 355.2-712

"Cover" -- Buyer's procurement of substitute goods

Known as the Uniform Commercial Code

The act spans §§ 355–355 (686 sections).

Applied in 3 court decisions — leading case Wahba v. Don Corlett Motors, Inc. (1978)

Most recently applied in Consolidated Aluminum Corp. v. Krieger (April 1986)

Effective: July 1, 1960 History: Created 1958 Ky

(1) After a breach within KRS 355.2-711 the buyer may "cover" by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase goods in substitution for those due from the seller.

(2) The buyer may recover from the seller as damages the difference between the cost of cover and the contract price together with any incidental or consequential damages as hereinafter defined (KRS 355.2-715), but less expenses saved in consequence of the seller's breach.

(3) Failure of the buyer to effect cover within this section does not bar him from any other remedy.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.