TITLE 1. CORPORATIONS 100-14631›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14631›PART 3. FISH MARKETING 13200-13356›CHAPTER 7. Marketing Contracts 13350-13356
§ 13353
California Corporations Code · 2020-11 edition · updated 2026-10-04 · California
The marketing contract may fix, as liquidated damages, specific sums to be paid by the member to the association upon the breach by him of any provision of the marketing contract regarding the sale or delivery or withholding of fishery products; and may further provide that the member will pay all costs, premiums for bonds, expenses and fees, in case any action is brought upon the contract by the association; and any such provisions shall be valid and enforceable in the courts of this State; and such clauses providing for liquidated damages shall be enforceable as such and shall not be regarded as penalties.
(Added by Stats. 1953, Ch. 207.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code