Section 45.12.513. Cure by lessor of improper tender or delivery; replacement.

Latest version.

   (a) If a tender or delivery by the lessor or the supplier is rejected because it is nonconforming and the time for performance has not yet expired, the lessor or the supplier may seasonably notify the lessee of the lessor's or the supplier's intention to cure and may then make a conforming delivery within the time provided in the lease contract.
   (b) If the lessee rejects a nonconforming tender that the lessor or the supplier had reasonable grounds to believe would be acceptable with or without money allowance, the lessor or the supplier may have a further reasonable time to substitute a conforming tender if the lessor or supplier seasonably notifies the lessee.

Authorities

45.12.514

Notes

References

AS 45.12.514 Waiver of lessee's objections.

History

(Sec. 125 ch 35 SLA 1993)

                    
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