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(Code 1933, § 109A-1 - 106, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2015, p. 996, § 3A-1/SB 65.)
The 2015 amendment, effective January 1, 2016, rewrote this Code section.
Cited in Emmons v. Burkett, 256 Ga. 855, 353 S.E.2d 908 (1987); Unique Designs, Inc. v. Pittard Mach. Co., 200 Ga. App. 647, 409 S.E.2d 241 (1991); White County Bank v. Noland Co., 214 Ga. App. 780, 449 S.E.2d 325 (1994); Latex Equip. Sales & Serv., Inc. v. Apache Mills, Inc., 225 Ga. App. 516, 484 S.E.2d 274 (1997).
- 11 Am. Jur. 2d, Bills and Notes, § 19. 12 Am. Jur. 2d, Bills and Notes, § 627. 15A Am. Jur. 2d, Commercial Code, §§ 17, 24. 67A Am. Jur. 2d, Sales, § 987.
- 2 C.J.S., Actions, §§ 5, 9.
- Uniform Commercial Code (U.L.A.) § 1-106.
- Damages for breach by seller or former employee of covenant, express or implied, not to engage in like business or enter employment of competitor of covenantee, 127 A.L.R. 1152.
Awarding damages for delay, in addition to specific performance, of contract for sale of corporate stock, 28 A.L.R.3d 1401.
Total Results: 1
Court: Supreme Court of Georgia | Date Filed: 1987-03-19
Citation: 353 S.E.2d 908, 256 Ga. 855, 3 U.C.C. Rep. Serv. 2d (West) 897, 1987 Ga. LEXIS 1011
Snippet: intent of the Uniform Commercial Code. OCGA § 11-1-106 expressly prohibits penal damages, and provides