Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.02. SALES. |
Article 45.02.05. PERFORMANCE. |
Section 45.02.508. Cure by seller of improper tender or delivery; replacement.
Latest version.
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(a) If a 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 intent of the seller to cure and may then, within the contract time, make a conforming delivery.
(b) If the buyer rejects a nonconforming tender that the seller had reasonable grounds to believe would be acceptable with or without money allowance, the seller may, if the seller seasonably notified the buyer, have a further reasonable time to substitute a conforming tender.
Authorities
45.02.323
Notes
References
AS 45.02.323 Form of bill of lading required in overseas shipment; "overseas.".
History
(Sec. 2.508 ch 114 SLA 1962)