Colorado Statutes
§ 4-2-614 — Substituted performance
(1)Where without fault of either party
the agreed berthing, loading, or unloading facilities fail, or an agreed type of carrier
becomes unavailable, or the agreed manner of delivery otherwise becomes
commercially impracticable but a commercially reasonable substitute is available,
such substitute performance must be tendered and accepted.
(2)If the agreed means or manner of payment fails because of domestic or
foreign governmental regulation, the seller may withhold or stop delivery unless
the buyer provides a means or manner of payment which is commercially a
substantial equivalent. If delivery has already been taken, payment by the means or
in the manner provided by the regulation discharges the buyer's obligation unless
the regulation is discriminatory, oppressive, or predat
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Legislative History
Source: L. 65: p. 1333, � 1. C.R.S. 1963: � 155-2-614.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith