§490:2-511 Tender of payment by buyer; payment by check. (1) Unless otherwise agreed tender of payment is a condition to the seller's duty to tender and complete any delivery.
(2) Tender of payment is sufficient when made by any means or in any manner current in the ordinary course of business unless the seller demands payment in legal tender and gives any extension of time reasonably necessary to procure it.
(3) Subject to the provisions of this chapter on the effect of an instrument on an obligation (section 490:3-310), payment by check is conditional and is defeated as between the parties by dishonor of the check on due presentment. [L 1965, c 208, §2-511; HRS §490:2-511; am L 1997, c 32, §4]
Section: Previous 490-2-504 490-2-505 490-2-506 490-2-507 490-2-508 490-2-509 490-2-510 490-2-511 490-2-512 490-2-513 490-2-514 490-2-515 490-2-601 490-2-602 490-2-603 NextLast modified: October 27, 2016