47-2A513. Cure by lessor of improper tender or delivery; replacement
A. If any tender or delivery by the lessor or the supplier is rejected because nonconforming and the time for performance has not yet expired, the lessor or the supplier may seasonably notify the lessee of the lessor's or the supplier's intention to cure and may then make a conforming delivery within the time provided in the lease contract.
B. If the lessee rejects a nonconforming tender that the lessor or the supplier had reasonable grounds to believe would be acceptable with or without money allowance, the lessor or the supplier may have a further reasonable time to substitute a conforming tender if he seasonably notifies the lessee.
Section: Previous 47-2a506 47-2a507 47-2a508 47-2a509 47-2a510 47-2a511 47-2a512 47-2a513 47-2a514 47-2a515 47-2a516 47-2a517 47-2a518 47-2a519 47-2a520 NextLast modified: October 13, 2016