Texas Business & Commerce Code - Section 2.511. Tender Of Payment By Buyer; Payment By Check
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Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 2.511. Tender Of Payment By Buyer; Payment By Check
§ 2.511. TENDER OF PAYMENT BY BUYER; PAYMENT BY
CHECK. (a) Unless otherwise agreed tender of payment is a
condition to the seller's duty to tender and complete any delivery.
(b) 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.
(c) Subject to the provisions of this title on the effect of
an instrument on an obligation (Section 3.802), payment by check is
conditional and is defeated as between the parties by dishonor of
the check on due presentment.
Acts 1967, 60th Leg., p. 2343, ch. 785, § 1, eff. Sept. 1, 1967.
Section: 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 2.603
Last modified: August 10, 2007
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