Utah Statutes
§ 70A-2-609 — Right to adequate assurance of performance.
Utah·Title 70A Uniform Commercial Code·Ch. 70A-2 Uniform Commercial Code - Sales·Part 70A-2-6 Breach, Repudiation, and Excuse
(1)A contract for sale imposes an obligation on each party that the other's expectation of receiving due performance will not be impaired. When reasonable grounds for insecurity arise with respect to the performance of either party the other may in writing demand adequate assurance of due performance and until he receives such assurance may if commercially reasonable suspend any performance for which he has not already received the agreed return.
(2)Between merchants the reasonableness of grounds for insecurity and the adequacy of any assurance offered shall be determined according to commercial standards.
(3)Acceptance of any improper delivery or payment does not prejudice the aggrieved party's right to demand adequate assurance of future performance.
(4)After receipt of a justified d
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 70A-2-609 (Right to adequate assurance of performance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Power Systems & Controls, Inc. v. Keith's Electrical Construction Co.
765 P.2d 5 (Court of Appeals of Utah, 1988)
Celtig v. Patey
(D. Utah, 2020)
Legislative History
Enacted by Chapter 154, 1965 General Session
Nearby Sections
15
§ 70A-10-101
Effective date.§ 70A-10-102
Specific repealer -- Provision for transition.§ 70A-10-103
General repealer.§ 70A-10-104
Laws not repealed.§ 70A-1a-101
Title.§ 70A-1a-102
Scope of chapter.§ 70A-1a-104
Construction against implied repeal.§ 70A-1a-105
Severability.§ 70A-1a-106
Use of singular and plural -- Gender.§ 70A-1a-107
Section captions.§ 70A-1a-201
General definitions.§ 70A-1a-202
Notice -- Knowledge.§ 70A-1a-203
Lease distinguished from security interest.