The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 11C V.S.A. § 704)
-
§ 704. Remedies for breach of contract
(a) Damages to be paid to a mutual benefit enterprise 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 mutual benefit enterprise 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
enterprise under law other than this title. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)