U.C.C. - ARTICLE 2 - SALES
..PART 5. PERFORMANCE
§ 2-503. Manner of Seller's Tender of Delivery.
(1) Tender of delivery requires that the seller put
and hold conforming goods at
the buyer's disposition and give the buyer
any notification reasonably necessary to enable him to take delivery. The manner,
time and place for tender are determined by the agreement and
this Article, and in particular
- (a) tender must be at a reasonable hour, and if it is of goods they
must be kept available for the period reasonably necessary to enable the buyer to
take possession; but
- (b) unless otherwise agreed the buyer must
furnish facilities reasonably suited to the receipt of
the goods.
(2) Where the case is within the next section respecting
shipment tender requires that the seller comply
with its provisions.
(3) Where the seller is
required to deliver at a particular destination tender requires that he comply
with subsection (1) and also in any appropriate case tender documents as described
in subsections (4) and (5) of this section.
(4) Where goods are
in the possession of a bailee and are to be delivered without being moved
- (a) tender requires that the seller either
tender a negotiable document of title covering such goods or
procure acknowledgment by the bailee of the buyer's right
to possession of the goods; but
- (b) tender to the buyer of a non-negotiable
document of title or of a written direction to the bailee to deliver is sufficient
tender unless the buyer seasonably objects, and receipt by
the bailee of notification of the buyer's rights fixes those rights as against
the bailee and all third persons; but risk of loss of the goods and
of any failure by the bailee to honor the non-negotiable document of title
or to obey the direction remains on the seller until
the buyer has had a reasonable time to present the document or direction, and
a refusal by the bailee to honor the document or to obey the direction defeats
the tender.
(5) Where the contract requires
the seller to deliver documents
- (a) he must tender all such documents in correct form, except as provided
in this Article with respect to bills of lading in a set (subsection (2) of
Section 2-323); and
- (b) tender through customary banking channels is sufficient and dishonor
of a draft accompanying the documents constitutes non-acceptance or rejection.
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© Copyright 2005 by The American Law Institute and the National Conference of Commissioners on Uniform State Laws; reproduced, published and distributed with the permission of the Permanent Editorial Board for the Uniform Commercial Code for the limited purposes of study, teaching, and academic research.