§ 554.2613 — Casualty to identified goods

Iowa § 554.2613

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

Text

Wherethecontractrequiresforitsperformancegoodsidentifiedwhenthecontractismade,
and the goods suffer casualty without fault of either party before the risk of loss passes to the
buyer, or in a proper case under a “no arrival, no sale” term (section 554.2324) then
1. if the loss is total the contract is avoided; and
2. if the loss is partial or the goods have so deteriorated as no longer to conform to the
contract the buyer may nevertheless demand inspection and at the buyer’s option either treat
the contract as avoided or accept the goods with due allowance from the contract price for
the deterioration or the deficiency in quantity but without further right against the seller.

Legislative History

[C24, 27, 31, 35, 39, §9936, 9937; C46, 50, 54, 58, 62, §554.8, 554.9; C66, 71, 73, 75, 77, 79, 81, §554.2613]