Virginia § 59.1-508.12 - Completing performance
Full text of Virginia Code of Virginia § 59.1-508.12 — Completing performance, with citation guidance and answers to common questions.
§ 59.1-508.12. Completing performance
(a) On breach of contract by a licensee, the licensor may:
(1) identify to the contract any conforming copy not already identified if, at the time the licensor learned of the breach, the copy was in its possession;
(2) in the exercise of reasonable commercial judgment for purposes of avoiding loss and effective realization on effort or investment, complete the information and identify it to the contract, cease work on it, relicense or dispose of it, or proceed in any other commercially reasonable manner; and
(3) pursue any remedy for breach that has not been waived.
(b) On breach by a licensee, both parties remain bound by all contractual use terms, but the contractual use terms do not apply to information or copies properly received or obtained from another source.
Frequently Asked Questions About Virginia § 59.1-508.12
What does Code of Virginia § 59.1-508.12 cover?
Section 59.1-508.12 ("Completing performance") is part of the Code of Virginia, the codified statutory law of Virginia. 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 Virginia § 59.1-508.12?
A common citation format is "Code of Virginia § 59.1-508.12" (Virginia). 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 Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 59.1-508.12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia 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 Virginia.