There Is a Newer Version
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the Vermont Statutes
2011 Vermont Code
Title 09A Uniform Commercial Code
Article 2 Sales
§ 611 Retraction of anticipatory repudiation
Universal Citation:
9A VT Stats § 2-611. (2011 through Adj Sess)
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on the American Association of Law Libraries Universal Citation Guide and is not
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§ 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 (§ 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.
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