Colorado Code
Part 5 - Performance
§ 4-2-510. Effect of Breach on Risk of Loss

Source: L. 65: p. 1325, § 1. C.R.S. 1963: § 155-2-510.
Prior Uniform Statutory Provision: None.
Purposes: To make clear that:

Where defective documents are involved a cure of the defect by the seller or a waiver of the defects by the buyer will operate to shift the risk under this section. However, if the goods have been destroyed prior to the cure or the buyer is unaware of their destruction at the time he waives the defect in the documents, the risk of the loss must still be borne by the seller, for the risk shifts only at the time of cure, waiver of documentary defects or acceptance of the goods.
Cross Reference:
Section 4-2-509.
Definitional Cross References:
"Buyer". Section 4-2-103.
"Conform". Section 4-2-106.
"Contract for sale". Section 4-2-106.
"Goods". Section 4-2-105.
"Seller". Section 4-2-103.