KRS 272A.7-040: Remedies for breach of marketing contract.
Where this section sits in the code
(1) 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 assessed as of the time of the making of the marketing
contract. A provision that so provides is not a penalty or otherwise unreasonable.
(2) Upon a breach of a marketing contract, whether by anticipatory repudiation or
otherwise, a limited cooperative association may seek:
(a) An injunction to prevent further breach; and
(b) Specific performance.
(3) The remedies in this section are in addition to any other remedies available to an
association under law other than this chapter.
Collected 2026-09-05T20:53:22Z. Source file · JSON