N.C. Gen. Stat. § 25-1-305
Remedies to be liberally administered
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
(1) The remedies provided by this Chapter shall 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.
(1) The remedies provided by this Chapter shall 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.
(2) Any right or obligation declared by this Chapter is enforceable by action unless the provision declaring it specifies a different and limited effect.
(2) Any right or obligation declared by this Chapter is enforceable by action unless the provision declaring it specifies a different and limited effect.
History
(1965, c. 700, s. 1; 2006-112, s. 1.)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.