Title 11. COMMERCIAL CODE · Chapter 2. · Article 2. SALES · Part 6. BREACH, REPUDIATION, AND EXCUSE
11-2-610. Anticipatory repudiation.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
When either party repudiates the contract with respect to a performance not yet due the loss of which will substantially impair the value of the contract to the other, the aggrieved party may:
- (a)
For a commercially reasonable time await performance by the repudiating party; or#
- (b)
Resort to any remedy for breach (Code Section 11-2-703 or Code Section 11-2-711), even though he has notified the repudiating party that he would await the latter’s performance and has urged retraction; and#
- (c)
In either case suspend his own performance or proceed in accordance with the provisions of this article on the seller’s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods (Code Section 11-2-704).#
History
Code 1933, § 109A-2-610, enacted by Ga. L. 1962, p. 156, § 1.
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Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t11-(v9)-2022-pdf.pdf, Volume V9, 2022 edition, page 217; merge action: carried; file SHA-256 ad397fccbf21.
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