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Open time for payment or running of credit; authority to ship under reservation - 13 Pa. Cons. Stat. § 2310Legal Research Home > Pennsylvania Statutes
§ 2310. Open time for payment or running of credit; authority
to ship under reservation.
Unless otherwise agreed:
(1) Payment is due at the time and place at which the
buyer is to receive the goods even though the place of
shipment is the place of delivery.
(2) If the seller is authorized to send the goods he may
ship them under reservation, and may tender the documents of
title, but the buyer may inspect the goods after their
arrival before payment is due unless such inspection is
inconsistent with the terms of the contract (section 2513).
(3) If delivery is authorized and made by way of
documents of title otherwise than by paragraph (2) then
payment is due at the time and place at which the buyer is to
receive the documents regardless of where the goods are to be
received.
(4) Where the seller is required or authorized to ship
the goods on credit the credit period runs from the time of
shipment but post-dating the invoice or delaying its dispatch
will correspondingly delay the starting of the credit period.
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Last modified: November 27, 2007 |