Illinois Statutes
§ 2-510 — Effect of breach on risk of loss
Illinois § 2-510
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 810COMMERCIAL CODE
Act 810 ILCS 5/Uniform Commercial Code.
Art.Article 2 - Sales
This text of Illinois § 2-510 (Effect of breach on risk of loss) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
810 Ill. Comp. Stat. 2-510 (2026).
Text
(1)Where a tender or delivery of goods so fails to conform to the contract as to give a right of rejection the risk of their loss remains on the seller until cure or acceptance.
(2)Where the buyer rightfully revokes acceptance he may to the extent of any deficiency in his effective insurance coverage treat the risk of loss as having rested on the seller from the beginning.
(3)Where the buyer as to conforming goods already identified to the contract for sale repudiates or is otherwise in breach before risk of their loss has passed to him, the seller may to the extent of any deficiency in his effective insurance coverage treat the risk of loss as resting on the buyer for a commercially reasonable time.
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Legislative History
(Source: Laws 1961, p. 2101.)
Nearby Sections
15
§ 2-101
Short title§ 2-102
§ 2-102§ 2-104
Definitions§ 2-105
§ 2-105§ 2-106
§ 2-106§ 2-203
Seals inoperative§ 2-204
Formation in general§ 2-205
Firm offers§ 2-208
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Bluebook (online)
Illinois § 2-510, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/810/2-510.