§ 554.2603 — Merchant buyer’s duties as to rightfully rejected goods

Iowa § 554.2603

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 554: UNIFORM COMMERCIAL CODE

Text

a. after rejection any exercise of ownership by the buyer with respect to any commercial
unit is wrongful as against the seller; and

b. if the buyer has before rejection taken physical possession of goods in which the
buyer does not have a security interest under the provisions of this Article (section 554.2711,
subsection 3), the buyer is under a duty after rejection to hold them with reasonable care at
the seller’s disposition for a time sufficient to permit the seller to remove them; but
c. the buyer has no further obligations with regard to goods rightfully rejected.
3. The seller’s rights with respect to goods wrongfully rejected are governed by the
provisions of this Article on seller’s remedies in general (section 554.2703).

Legislative History

[C24,27,31,35,39,§9979; C46,50,54,58,62,§554.51; C66,71,73,75,77,79,81,§554.2602]