N.J.S.A. 12A:2-508

Cure by seller of improper tender or delivery; replacement

12A:2-508. Cure by seller of improper tender or delivery; replacement (1) Where any tender or delivery by the seller is rejected because non-conforming and the time for performance has not yet expired, the seller may seasonably notify the buyer of his intention to cure and may then within the contract time make a conforming delivery. (2) Where the buyer rejects a non-conforming tender which the seller had reasonable grounds to believe would be acceptable with or without money allowance the seller may if he seasonably notifies the buyer have a further reasonable time to substitute a conforming tender. L.1961, c. 120, s. 2-508.

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This is the verbatim text of N.J.S.A. 12A:2-508, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 12A:2-508 — Cure by seller of improper tender or delivery; replacement | Kyzer