Vermont § 403 - § 2A—403.
Full text of Vermont Vermont Statutes Online § 403 — § 2A—403., with citation guidance and answers to common questions.
§ 403. § 2A—403.
- Retraction of anticipatory repudiation (1) Until the repudiating party’s next performance is due, the repudiating party can retract
the repudiation unless, since the repudiation, the aggrieved party has cancelled the
lease contract or materially changed the aggrieved party’s position or otherwise indicated
that the aggrieved party considers the repudiation final. (2) Retraction may be by any method that clearly indicates to the aggrieved party that
the repudiating party intends to perform under the lease contract and includes any
assurance demanded under section 2A—401 of this title. (3) Retraction reinstates a repudiating party’s rights under a lease contract with due
excuse and allowance to the aggrieved party for any delay occasioned by the repudiation. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)
Frequently Asked Questions About Vermont § 403
What does Vermont Statutes Online § 403 cover?
Section 403 ("§ 2A—403.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 403?
A common citation format is "Vermont Statutes Online § 403" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.