2006 New York Code - Retraction Of Anticipatory Repudiation.



 
  Section 2--611. Retraction of Anticipatory Repudiation.
    (1)  Until  the  repudiating  party's  next  performance is due he can
  retract his  repudiation  unless  the  aggrieved  party  has  since  the
  repudiation  cancelled  or  materially changed his position or otherwise
  indicated that he considers the repudiation final.
    (2) Retraction may be by any method which  clearly  indicates  to  the
  aggrieved  party that the repudiating party intends to perform, but must
  include any assurance justifiably demanded under the provisions of  this
  Article (Section 2--609).
    (3)  Retraction  reinstates  the  repudiating party's rights under the
  contract with due excuse and allowance to the aggrieved  party  for  any
  delay occasioned by the repudiation.

Disclaimer: These codes may not be the most recent version. New York 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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.