Texas Business & Commerce Code - Section 2.510. Effect Of Breach On Risk Of Loss
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Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 2.510. Effect Of Breach On Risk Of Loss
§ 2.510. EFFECT OF BREACH ON RISK OF LOSS. (a) Where a
tender or delivery of goods so fails to conform to the contract as
to give a right of rejection the risk of their loss remains on the
seller until cure or acceptance.
(b) Where the buyer rightfully revokes acceptance he may to
the extent of any deficiency in his effective insurance coverage
treat the risk of loss as having rested on the seller from the
beginning.
(c) Where the buyer as to conforming goods already
identified to the contract for sale repudiates or is otherwise in
breach before risk of their loss has passed to him, the seller may
to the extent of any deficiency in his effective insurance coverage
treat the risk of loss as resting on the buyer for a commercially
reasonable time.
Acts 1967, 60th Leg., p. 2343, ch. 785, § 1, eff. Sept. 1, 1967.
Section: 2.503 2.504 2.505 2.506 2.507 2.508 2.509 2.510 2.511 2.512 2.513 2.514 2.515 2.601 2.602
Last modified: August 10, 2007
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