Colorado § 4-2-306 - Output, requirements, and exclusive dealings.
Full text of Colorado Colorado Revised Statutes § 4-2-306 — Output, requirements, and exclusive dealings., with citation guidance and answers to common questions.
§ 4-2-306. Output, requirements, and exclusive dealings.
(1) A term which measures the quantity by the output of the seller or the requirements of the buyer, means such actual output or requirements as may occur in good faith; except that no quantity unreasonably disproportionate to any stated estimate or, in the absence of a stated estimate, to any normal or otherwise comparable prior output or requirements, may be tendered or demanded.
(2) A lawful agreement by either the seller or the buyer for exclusive dealing in the kind of goods concerned imposes, unless otherwise agreed, an obligation by the seller to use best efforts to supply the goods and by the buyer to use best efforts to promote their sale.
Source: L. 65: p. 1307, § 1. C.R.S. 1963: § 155-2-306.
ANNOTATION
"Best efforts" requirement enforced. The "best efforts" requirement of an exclusive distributorship contract, governed by subsection (2), was held not negated by agreement of the parties, and remained as an obligation of the distributors. Stone v. Caroselli, 653 P.2d 754 (Colo. App. 1982).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 4-2-306
What does Colorado Revised Statutes § 4-2-306 cover?
Section 4-2-306 ("Output, requirements, and exclusive dealings.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 4-2-306?
A common citation format is "Colorado Revised Statutes § 4-2-306" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 4-2-306 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.