Iowa § 554.2712 “Cover” — buyer’s procurement of substitute goods

Iowa Statutes

§ 554.2712 — “Cover” — buyer’s procurement of substitute goods

Iowa § 554.2712

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.2712 (“Cover” — buyer’s procurement of substitute goods) 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 § 554.2712 (2026).

Text

1.After a breach within section 554.2711 the buyer may “cover” by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase goods in substitution for those due from the seller.

2.The buyer may recover from the seller as damages the difference between the cost of cover and the contract price together with any incidental or consequential damages as hereinafter defined (section 554.2715), but less expenses saved in consequence of the seller’s breach.

3.Failure of the buyer to effect cover within this section does not bar the buyer from any other remedy.

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1. After a breach within section 554.2711 the buyer may “cover” by making in good faith
and without unreasonable delay any reasonable purchase of or contract to purchase goods
in substitution for those due from the seller.

2. The buyer may recover from the seller as damages the difference between the cost
of cover and the contract price together with any incidental or consequential damages as
hereinafter defined (section 554.2715), but less expenses saved in consequence of the seller’s
breach.
3. Failure of the buyer to effect cover within this section does not bar the buyer from any
other remedy.