26-1-2-508. Cure by seller of improper tender or delivery; replacement

IN Code § 26-1-2-508 (2019) (N/A)
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Sec. 508. (1) Where any tender or delivery by the seller is rejected because non-conforming 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.

(2) Where the buyer rejects a non-conforming 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.

Formerly: Acts 1963, c.317, s.2-508.