§ 538.4 — Effect of tender

Iowa § 538.4

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 538: TENDER OF PAYMENT AND PERFORMANCE

Text

A tender of the property, as above provided, discharges the maker from the contract, and
the property becomes vested in the payee or the payee’s assignee, and the payee or assignee
may maintain an action therefor as in other cases. But if the property tendered be perishable,
or requires feeding, or other care, and no person is found to receive it when tendered, the
person making the tender shall preserve, feed, or otherwise take care of the same, and shall
have a lien thereon for the person’s reasonable expenses and trouble in so doing.

Legislative History

[C51, §963, 964; R60, §1810, 1811; C73, §2101, 2102; C97, §3059; C24, 27, 31, 35, 39, §9446; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §538.4]