2006 Louisiana Laws - RS 3:714 — Mitigation of damages
§714. Mitigation of damages
A. Each party to a contract or agreement covered by this Part shall exercise reasonable diligence to mitigate any damages sustained as a result of the failure or refusal of any other party to deliver or accept delivery, in whole or part, according to the terms of such contract or agreement.
B. Nothing in this Part shall be construed as authorizing or providing for double recovery for any item of damages, general or special.
Added by Acts 1977, No. 24, §1.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
