NRS 104.2712

“Cover”; buyer’s procurement of substitute goods

Known as the Uniform Commercial Code

The act spans §§ 104–104 (489 sections).

Applied in 1 court decision — leading case Central Bit Supply, Inc. v. Waldrop Drilling & Pump, Inc. (1986)

Most recently applied in Central Bit Supply, Inc. v. Waldrop Drilling & Pump, Inc. (April 1986)

(Added to NRS by 1965, 813)

1. After a breach within the preceding section 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 (NRS 104.2715), 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 the buyer from any other remedy.

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