“Bad faith” means dishonesty of belief or purpose, evasion of the spirit of the bargain, lack of diligence, willful rendering of an imperfect performance, abuse of a power to specify terms and interference with, or failure to cooperate in, the other party’s performance.

Source. #10093, eff 2-28-12; ss by #12776, eff 5-9-19 (from Asb 301.02) ; ss by #13274, eff 10-14-21