Iowa Statutes

§ 554.2611 — Retraction of anticipatory repudiation

Iowa § 554.2611
JurisdictionIowa
Title XIIICOMMERCE
Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.2611 (Retraction of anticipatory repudiation) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Iowa Code § 554.2611 (2026).

Text

1.Until the repudiating party’s next performance is due the repudiating party can retract the repudiation unless the aggrieved party has since the repudiation canceled or materially changed the aggrieved party’s position or otherwise indicated that the aggrieved party considers the repudiation final.
2.Retractionmaybebyanymethodwhichclearlyindicatestotheaggrievedpartythatthe repudiating party intends to perform, but must include any assurance justifiably demanded under the provisions of this Article (section 554.2609).
3.Retraction reinstates the repudiating party’s rights under the contract with due excuse and allowance to the aggrieved party for any delay occasioned by the repudiation.

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Legislative History

[C66, 71, 73, 75, 77, 79, 81, §554.2611]

Nearby Sections

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Bluebook (online)
Iowa § 554.2611, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/554.2611.