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Miss. Code Ann. § 75-1-305

Remedies to be liberally administered

Known as the Uniform Commercial Code

The act spans §§ 75–75 (480 sections).

Present § 75-1-305 is derived from former § 75-1-106 [Codes, 1942, § 41A:1-106; Laws, 1966, ch. 316, § 1-106, eff March 31, 1968; Repealed by Laws, 2010, ch. 506, § 44, eff from…

The remedies provided by the Uniform Commercial Code 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 the Uniform Commercial Code or by other rule of law.

Any right or obligation declared by the Uniform Commercial Code is enforceable by action unless the provision declaring it specifies a different and limited effect.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.