Colorado § 7-58-704 - Remedies for breach of contract.
Full text of Colorado Colorado Revised Statutes § 7-58-704 — Remedies for breach of contract., with citation guidance and answers to common questions.
§ 7-58-704. Remedies for breach of contract.
(1) Damages to be paid to a limited cooperative association for breach or anticipatory repudiation of a marketing contract may be liquidated, but only at an amount or under a formula that is reasonable in light of the actual or anticipated harm caused by the breach or repudiation. A provision that so provides is not a penalty.
(2) Upon a breach of a marketing contract, whether by anticipatory repudiation or otherwise, a limited cooperative association may seek:
(a) An injunction to prevent further breach; and
(b) Specific performance.
(3) The remedies in this section are in addition to any other remedies available to an association under law other than this part 7.
Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 790, § 1, effective April 2, 2012.
PART 8
DIRECTORS AND OFFICERS
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-58-704
What does Colorado Revised Statutes § 7-58-704 cover?
Section 7-58-704 ("Remedies for breach of contract.") 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 § 7-58-704?
A common citation format is "Colorado Revised Statutes § 7-58-704" (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 § 7-58-704 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.