Guam § 17704 - Remedies for Breach of Contract.
Full text of Guam Guam Code Annotated § 17704 — Remedies for Breach of Contract., with citation guidance and answers to common questions.
§ 17704. Remedies for Breach of Contract.
(a) 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.
(b) Upon a breach of a marketing contract, whether by anticipatory repudiation or otherwise, a limited
cooperative association may seek:
(1) an injunction to prevent further breach; and
(2) specific performance.
(c) The remedies in this Section are in addition to any other remedies available to an association under
law other than this Act.
ARTICLE 8
DIRECTORS AND OFFICERS
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 17704
What does Guam Code Annotated § 17704 cover?
Section 17704 ("Remedies for Breach of Contract.") is part of the Guam Code Annotated, the codified statutory law of Guam. 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 Guam § 17704?
A common citation format is "Guam Code Annotated § 17704" (Guam). 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 Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 17704 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam 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 Guam.