Iowa Code 554.2512 – Payment by buyer before inspection
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Terms Used In Iowa Code 554.2512
- Contract: A legal written agreement that becomes binding when signed.
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
554.2512 Payment by buyer before inspection.
1. Where the contract requires payment before inspection nonconformity of the goods
does not excuse the buyer from so making payment unless
a. the nonconformity appears without inspection; or
b. despite tender of the required documents the circumstances would justify injunction against honor under this chapter (section 554.5109, subsection 2).
2. Payment pursuant to subsection 1 does not constitute an acceptance of goods or impair the buyer’s right to inspect or any of the buyer’s remedies.
[C24, 27, 31, 35, 39, §9976, 9978; C46, 50, 54, 58, 62, §554.48, 554.50; C66, 71, 73, 75, 77,
79, 81, §554.2512]
96 Acts, ch 1026, §20; 97 Acts, ch 23, §68
1. Where the contract requires payment before inspection nonconformity of the goods
does not excuse the buyer from so making payment unless
a. the nonconformity appears without inspection; or
b. despite tender of the required documents the circumstances would justify injunction against honor under this chapter (section 554.5109, subsection 2).
2. Payment pursuant to subsection 1 does not constitute an acceptance of goods or impair the buyer’s right to inspect or any of the buyer’s remedies.
[C24, 27, 31, 35, 39, §9976, 9978; C46, 50, 54, 58, 62, §554.48, 554.50; C66, 71, 73, 75, 77,
79, 81, §554.2512]
96 Acts, ch 1026, §20; 97 Acts, ch 23, §68