Kentucky Statutes 355.2-701 – Remedies for breach of collateral contracts not impaired
Current as of: 2024 | Check for updates
|
Other versions
Remedies for breach of any obligation or promise collateral or ancillary to a contract for sale are not impaired by the provisions of this article.
Effective: July 1, 1960
History: Created 1958 Ky. Acts ch. 77, sec. 2-701, effective July 1, 1960.
Effective: July 1, 1960
Terms Used In Kentucky Statutes 355.2-701
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
History: Created 1958 Ky. Acts ch. 77, sec. 2-701, effective July 1, 1960.