Indiana Statutes
§ 26-1-2-507 — Effect of seller's tender; delivery on condition
Indiana § 26-1-2-507
This text of Indiana § 26-1-2-507 (Effect of seller's tender; delivery on condition) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 26-1-2-507 (2026).
Text
(1)Tender of delivery is a condition to the
buyer's duty to accept the goods and, unless otherwise agreed, to his
duty to pay for them. Tender entitles the seller to acceptance of the
goods and to payment according to the contract.
(2)Where payment is due and demanded on the delivery to the
buyer of goods or documents of title, his right as against the seller to
retain or dispose of them is conditional upon his making the payment
due.
Formerly: Acts 1963, c.317, s.2-507.
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Related
David R. Webb Co. v. Indiana Department of State Revenue
826 N.E.2d 166 (Indiana Tax Court, 2005)
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
SeverabilityCite This Page — Counsel Stack
Bluebook (online)
Indiana § 26-1-2-507, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-2-507.