(1) If any tender or delivery by the lessor or the supplier is rejected because it is 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.
(2) 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 the lessor or the supplier seasonably notifies the lessee. [1989 c.676 §60]
Section: Previous 72A.5060 72A.5070 72A.5080 72A.5090 72A.5100 72A.5110 72A.5120 72A.5130 72A.5140 72A.5150 72A.5160 72A.5170 72A.5180 72A.5190 72A.5200 NextLast modified: August 7, 2008