1. Unless otherwise agreed tender of payment is a condition to the seller’s duty to tender and complete any delivery.
2. Tender of payment is sufficient when made by any means or in any manner current in the ordinary course of business unless the seller demands payment in legal tender and gives any extension of time reasonably necessary to procure it.
3. Subject to the provisions of this chapter on the effect of an instrument on an obligation (section 554.3310), payment by check is conditional and is defeated as between the parties by dishonor of the check on due presentment. [C24, 27, 31, 35, 39, §9971; C46, 50, 54, 58, 62, §554.43; C66, 71, 73, 75, 77, 79, 81, §554.2511] 94 Acts, ch 1167, §9, 122 \n
Notes of Decisions
Cited in
3
cases, 1978–1983 · leading case:
Carson v. Mulnix, 263 N.W.2d 701 (Iowa 1978).
Carson v. Mulnix, 263 N.W.2d 701 (Iowa 1978).
· cites it 4× “Must a party to a contract always plead and prove tender of payment under Iowa’s enactment of the Uniform Commercial Code, section 554.2511(1)? 2. Did the trial court err in finding there was sufficient evidence to support its award of damages? I.”
Froning's, Inc. v. Johnston Feed Serv., Inc., 568 F.2d 108 (8th Cir. 1978).
“, is precluded from maintaining the action in the corn case because it never ten *111 dered payment as required by Iowa Code Ann. § 554.2511 (1) (West 1967), which provides: Unless otherwise agreed tender of payment is a condition to the seller’s duty to tender and complete any…”
Iowa Code § 554.2511(1): 1 case
Carson v. Mulnix, 263 N.W.2d 701 (Iowa 1978).
“Must a party to a contract always plead and prove tender of payment under Iowa’s enactment of the Uniform Commercial Code, section 554.2511(1)? 2. Did the trial court err in finding there was sufficient evidence to support its award of damages? I.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.