California Commercial Code

§ 2610

COM § 2610Div. 2 · Ch. 6

Statute text

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 rememdy for breach (Section 2703 or Section 2711), even though he has notified the repudiating party that he would await the latter’s performance and has urged retraction; and

…

Legislative history

Enacted by Stats. 1963, Ch. 819.