N.Y. Uniform Commercial Code Law Section 1-305
Remedies to be Liberally Administered

Section 1--305. Remedies to be Liberally Administered.

(a)

The remedies provided by this act 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 this act or by other rule of law.

(b)

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

Source: Section 1-305 — Remedies to be Liberally Administered, https://www.nysenate.gov/legislation/laws/UCC/1-305 (updated Dec. 26, 2014; accessed Jun. 21, 2025).

1–301
Territorial Applicability 1–302
Variation by Agreement 1–303
Course of Performance, Course of Dealing, and Usage of Trade 1–304
Obligation of Good Faith 1–305
Remedies to be Liberally Administered 1–306
Waiver or Renunciation of Claim or Right After Breach 1–307
Prima Facie evidence by Third-party Documents 1–308
Performance or Acceptance Under Reservation of Rights 1–309
Option to Accelerate at Will 1–310
Subordinated Obligations

Up to date

Verified:
Jun. 21, 2025

Last modified:
Dec. 26, 2014

§ 1-305. Remedies to be Liberally Administered's source at nysenate.gov

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Location: https://newyork.public.law/laws/n.y._uniform_commercial_code_law_section_1-305

Original Source: Section 1-305 — Remedies to be Liberally Administered, https://www.nysenate.gov/legislation/laws/UCC/1-305 (last accessed Jun. 21, 2025).

N.Y. Uniform Commercial Code Law Section 1-305 Remedies to be Liberally Administered

(a)

(b)

N.Y. Uniform Commercial Code Law Section 1-305
Remedies to be Liberally Administered