18 GCA § 17704: Remedies for Breach of Contract.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 2 - Special Corporate Forms
- Chapter 17: Guam Uniform Limited Cooperative Association Act
- ARTICLE 7: MARKETING CONTRACTS
(a) Damages to be paid to a limited cooperative association for breach or anticipatory repudiation of a marketing contract may be liquidated, but only at an amount or under a formula that is reasonable in light of the actual or anticipated harm caused by the breach or repudiation. A provision that so provides is not a penalty.
(b) Upon a breach of a marketing contract, whether by anticipatory repudiation or otherwise, a limited cooperative association may seek:
(1) an injunction to prevent further breach; and
(2) specific performance.
(c) The remedies in this Section are in addition to any other remedies available to an association under law other than this Act.
Collected 2026-09-27T03:54:38Z. Source file · JSON