Indiana Statutes

§ 26-1-2.1-513 — Cure by lessor of improper tender or delivery; replacement

Indiana § 26-1-2.1-513
JurisdictionIndiana
Title 26COMMERCIAL LAW
Art. 1UNIFORM COMMERCIAL CODE
Ch. 2.1Leases

This text of Indiana § 26-1-2.1-513 (Cure by lessor of improper tender or delivery; replacement) 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 § 26-1-2.1-513 (2026).

Text

(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 the lessor or the supplier seasonably notifies the lessee.

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Legislative History

As added by P.L.189-1991, SEC.3.

Nearby Sections

15
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Bluebook (online)
Indiana § 26-1-2.1-513, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-2.1-513.