Indiana § 26-1-2-610 Anticipatory repudiation

Indiana Statutes

§ 26-1-2-610 — Anticipatory repudiation

Indiana § 26-1-2-610

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 2Sales

This text of Indiana § 26-1-2-610 (Anticipatory repudiation) 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 § 26-1-2-610 (2026).

Text

When either party repudiates the contract with respect to a performance not yet due, the loss of which will substantially impair the value of the contract to the other, the aggrieved party may:

(a)for a commercially reasonable time await performance by the repudiating party; or

(b)resort to any remedy for breach (IC 26-1-2-703 or IC 26-1-2-711), even though he has notified the repudiating party that he would await the latter's performance and has urged retraction; and

(c)in either case suspend his own performance or proceed in accordance with the provisions of IC 26-1-2-704 on the seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods. Formerly: Acts 1963, c.317, s.2-610. As amended by P.L.152-1986, SEC.157.

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When either party repudiates the contract
with respect to a performance not yet due, the loss of which will
substantially impair the value of the contract to the other, the aggrieved
party may:
(a) for a commercially reasonable time await performance by the
repudiating party; or
(b) resort to any remedy for breach (IC 26-1-2-703 or IC 26-1-2-711), even though he has notified the repudiating party
that he would await the latter's performance and has urged
retraction; and
(c) in either case suspend his own performance or proceed in
accordance with the provisions of IC 26-1-2-704 on the seller's
right to identify goods to the contract notwithstanding breach or
to salvage unfinished goods.
Formerly: Acts 1963, c.317, s.2-610. As amended by
P.L.152-1986, SEC.157.