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2016 Kentucky Revised Statutes
CHAPTER 355 - UNIFORM COMMERCIAL CODE
Article 2 - Sales
355.2-508 Cure by seller of improper tender or delivery -- Replacement.

KY Rev Stat § 355.2-508 (2016) What's This?

Download as PDF 355.2-508 Cure by seller of improper tender or delivery -- Replacement. (1) (2) Where any tender or delivery by the seller is rejected because nonconforming and the time for performance has not yet expired, the seller may seasonably notify the buyer of his intention to cure and may then within the contract time make a conforming delivery. Where the buyer rejects a nonconforming tender which the seller had reasonable grounds to believe would be acceptable with or without money allowance the seller may if he seasonably notifies the buyer have a further reasonable time to substitute a conforming tender. Effective: July 1, 1960 History: Created 1958 Ky. Acts ch. 77, sec. 2-508, effective July 1, 1960.

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