Illinois Statutes
§ 2A-513 — Cure by lessor of improper tender or delivery; replacement
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 810 COMMERCIAL CODE·Act 810 ILCS 5/ Uniform Commercial Code.·Art. Article 2A - Leases
(1)If any tender or delivery by the lessor or the supplier is rejected because nonconforming and the time for performance has not yet expired, the lessor or the supplier may seasonably notify the lessee of the lessor's or the supplier's intention to cure and may then make a conforming delivery within the time provided in the lease contract.
(2)If the lessee rejects a nonconforming tender that the lessor or the supplier had reasonable grounds to believe would be acceptable with or without money allowance, the lessor or the supplier may have a further reasonable time to substitute a conforming tender if he or she seasonably notifies the lessee.
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Illinois § 2A-513 (Cure by lessor of improper tender or delivery; replacement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 87-493.)
Nearby Sections
15
§ 2A-101
Short title§ 2A-102
Scope§ 2A-104
Leases subject to other law§ 2A-105
§ 2A-105§ 2A-106
§ 2A-106§ 2A-108
Unconscionability§ 2A-109
Option to accelerate at will§ 2A-201
Statute of frauds§ 2A-203
Seals inoperative§ 2A-204
Formation in general§ 2A-205
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