Minnesota Statutes 336.2-508 – Cure by Seller of Improper Tender or Delivery; Replacement
Current as of: 2023 | Check for updates
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(1) Where any tender or delivery by the seller is rejected because nonconforming and the time for performance has not yet expired, the seller may seasonably notify the buyer of the seller’s intention to cure and may then within the contract time make a conforming delivery.
Terms Used In Minnesota Statutes 336.2-508
- Buyer: means a person who buys or contracts to buy goods. See Minnesota Statutes 336.2-103
- Contract: A legal written agreement that becomes binding when signed.
- Seller: means a person who sells or contracts to sell goods. See Minnesota Statutes 336.2-103
(2) Where the buyer rejects a nonconforming tender which the seller had reasonable grounds to believe would be acceptable with or without money allowance the seller may on seasonably notifying the buyer have a further reasonable time to substitute a conforming tender.