§ 15-214. Attempt to fix damages void except as provided.
Latest version.
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Every contract, by which the amount of damages to be paid, or other compensation to be made, for a breach of an obligation, is determined in anticipation thereof, is to that extent void, except as expressly provided by Section 215 of this title.
Amended by Laws 1985, c. 107, § 2, emerg. eff. May 28, 1985.