Iowa § 554.2614 Substituted performance

Iowa Statutes

§ 554.2614 — Substituted performance

Iowa § 554.2614

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.2614 (Substituted performance) 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 § 554.2614 (2026).

Text

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 predatory.

Free access — add to your briefcase to read the full text and ask questions with AI

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
predatory.