Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Part 1 - SHORT TITLE, GENERAL CONSTRUCTION AND SUBJECT MATTER
Section 28-2-101 - SHORT TITLE. - 28-2-101. SHORT TITLE. This chapter shall be known and may...
Section 28-2-102 - SCOPE — CERTAIN SECURITY AND OTHER TRANSACTIONS EXCLUDED FROM THIS CHAPTER. - 28-2-102. SCOPE — CERTAIN SECURITY AND OTHER TRANSACTIONS EXCLUDED FROM...
Section 28-2-103 - DEFINITIONS AND INDEX OF DEFINITIONS. - 28-2-103. DEFINITIONS AND INDEX OF DEFINITIONS. (1) In this chapter...
Section 28-2-104 - DEFINITIONS — “MERCHANT” — “BETWEEN MERCHANTS” — “FINANCING AGENCY.” - 28-2-104. DEFINITIONS — "MERCHANT" — "BETWEEN MERCHANTS" — "FINANCING AGENCY."...
Section 28-2-105 - DEFINITIONS — TRANSFERABILITY — “GOODS” — “FUTURE” GOODS — “LOT” — “COMMERCIAL UNIT.” - 28-2-105. DEFINITIONS — TRANSFERABILITY — "GOODS" — "FUTURE" GOODS —...
Section 28-2-106 - DEFINITIONS — “CONTRACT” — “AGREEMENT” — “CONTRACT FOR SALE” — “SALE” — “PRESENT SALE” — “CONFORMING” TO CONTRACT — “TERMINATION” — “CANCELLATION.” - 28-2-106. DEFINITIONS — "CONTRACT" — "AGREEMENT" — "CONTRACT FOR SALE"...
Section 28-2-107 - GOODS TO BE SEVERED FROM REALTY — RECORDING. - 28-2-107. GOODS TO BE SEVERED FROM REALTY — RECORDING. (1)...
Part 2 - FORM, FORMATION AND READJUSTMENT OF CONTRACT
Section 28-2-201 - FORMAL REQUIREMENTS — STATUTE OF FRAUDS. - 28-2-201. FORMAL REQUIREMENTS — STATUTE OF FRAUDS. (1) Except as...
Section 28-2-202 - FINAL WRITTEN EXPRESSION — PAROL OR EXTRINSIC EVIDENCE. - 28-2-202. FINAL WRITTEN EXPRESSION — PAROL OR EXTRINSIC EVIDENCE. Terms...
Section 28-2-203 - SEALS INOPERATIVE. - 28-2-203. SEALS INOPERATIVE. The affixing of a seal to a...
Section 28-2-204 - FORMATION IN GENERAL. - 28-2-204. FORMATION IN GENERAL. (1) A contract for sale of...
Section 28-2-205 - FIRM OFFERS. - 28-2-205. FIRM OFFERS. An offer by a merchant to buy...
Section 28-2-206 - OFFER AND ACCEPTANCE IN FORMATION OF CONTRACT. - 28-2-206. OFFER AND ACCEPTANCE IN FORMATION OF CONTRACT. (1) Unless...
Section 28-2-207 - ADDITIONAL TERMS IN ACCEPTANCE OR CONFIRMATION. - 28-2-207. ADDITIONAL TERMS IN ACCEPTANCE OR CONFIRMATION. (1) A definite...
Section 28-2-209 - MODIFICATION, RESCISSION AND WAIVER. - 28-2-209. MODIFICATION, RESCISSION AND WAIVER. (1) An agreement modifying a...
Section 28-2-210 - DELEGATION OF PERFORMANCE — ASSIGNMENT OF RIGHTS. - 28-2-210. DELEGATION OF PERFORMANCE — ASSIGNMENT OF RIGHTS. (1) A...
Part 3 - GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT
Section 28-2-301 - GENERAL OBLIGATIONS OF PARTIES. - 28-2-301. GENERAL OBLIGATIONS OF PARTIES. The obligation of the seller...
Section 28-2-302 - UNCONSCIONABLE CONTRACT OR CLAUSE. - 28-2-302. UNCONSCIONABLE CONTRACT OR CLAUSE. (1) If the court as...
Section 28-2-303 - ALLOCATION OR DIVISION OF RISKS. - 28-2-303. ALLOCATION OR DIVISION OF RISKS. Where this chapter allocates...
Section 28-2-304 - PRICE PAYABLE IN MONEY, GOODS, REALTY, OR OTHERWISE. - 28-2-304. PRICE PAYABLE IN MONEY, GOODS, REALTY, OR OTHERWISE. (1)...
Section 28-2-305 - OPEN PRICE TERM. - 28-2-305. OPEN PRICE TERM. (1) The parties if they so...
Section 28-2-306 - OUTPUT, REQUIREMENTS AND EXCLUSIVE DEALINGS. - 28-2-306. OUTPUT, REQUIREMENTS AND EXCLUSIVE DEALINGS. (1) A term which...
Section 28-2-307 - DELIVERY IN SINGLE LOT OR SEVERAL LOTS. - 28-2-307. DELIVERY IN SINGLE LOT OR SEVERAL LOTS. Unless otherwise...
Section 28-2-308 - ABSENCE OF SPECIFIED PLACE FOR DELIVERY. - 28-2-308. ABSENCE OF SPECIFIED PLACE FOR DELIVERY. Unless otherwise agreed...
Section 28-2-309 - ABSENCE OF SPECIFIC TIME PROVISIONS — NOTICE OF TERMINATION. - 28-2-309. ABSENCE OF SPECIFIC TIME PROVISIONS — NOTICE OF TERMINATION....
Section 28-2-310 - OPEN TIME FOR PAYMENT OR RUNNING OF CREDIT — AUTHORITY TO SHIP UNDER RESERVATION. - 28-2-310. OPEN TIME FOR PAYMENT OR RUNNING OF CREDIT —...
Section 28-2-311 - OPTIONS AND COOPERATION RESPECTING PERFORMANCE. - 28-2-311. OPTIONS AND COOPERATION RESPECTING PERFORMANCE. (1) An agreement for...
Section 28-2-312 - WARRANTY OF TITLE AND AGAINST INFRINGEMENT — BUYER’S OBLIGATION AGAINST INFRINGEMENT. - 28-2-312. WARRANTY OF TITLE AND AGAINST INFRINGEMENT — BUYER’S OBLIGATION...
Section 28-2-313 - EXPRESS WARRANTIES BY AFFIRMATION, PROMISE, DESCRIPTION, SAMPLE. - 28-2-313. EXPRESS WARRANTIES BY AFFIRMATION, PROMISE, DESCRIPTION, SAMPLE. (1) Express...
Section 28-2-314 - IMPLIED WARRANTY — MERCHANTABILITY — USAGE OF TRADE. - 28-2-314. IMPLIED WARRANTY — MERCHANTABILITY — USAGE OF TRADE. (1)...
Section 28-2-315 - IMPLIED WARRANTY — FITNESS FOR PARTICULAR PURPOSE. - 28-2-315. IMPLIED WARRANTY — FITNESS FOR PARTICULAR PURPOSE. Where the...
Section 28-2-316 - EXCLUSION OR MODIFICATION OF WARRANTIES. - 28-2-316. EXCLUSION OR MODIFICATION OF WARRANTIES. (1) Words or conduct...
Section 28-2-317 - CUMULATION AND CONFLICT OF WARRANTIES EXPRESS OR IMPLIED. - 28-2-317. CUMULATION AND CONFLICT OF WARRANTIES EXPRESS OR IMPLIED. Warranties...
Section 28-2-318 - THIRD PARTY BENEFICIARIES OF WARRANTIES EXPRESS OR IMPLIED. - 28-2-318. THIRD PARTY BENEFICIARIES OF WARRANTIES EXPRESS OR IMPLIED. A...
Section 28-2-319 - F.O.B. AND F.A.S. TERMS. - 28-2-319. F.O.B. AND F.A.S. TERMS. (1) Unless otherwise agreed the...
Section 28-2-320 - C.I.F. AND C. & F. TERMS. - 28-2-320. C.I.F. AND C. & F. TERMS. (1) The term...
Section 28-2-321 - C.I.F. OR C. & F. — “NET LANDED WEIGHTS” — “PAYMENT ON ARRIVAL” — WARRANTY OF CONDITION ON ARRIVAL. - 28-2-321. C.I.F. OR C. & F. — "NET LANDED WEIGHTS"...
Section 28-2-322 - DELIVERY “EX-SHIP.” - 28-2-322. DELIVERY "EX-SHIP." (1) Unless otherwise agreed a term for...
Section 28-2-323 - FORM OF BILL OF LADING REQUIRED IN OVERSEAS SHIPMENT — “OVERSEAS.” - 28-2-323. FORM OF BILL OF LADING REQUIRED IN OVERSEAS SHIPMENT...
Section 28-2-324 - “NO ARRIVAL, NO SALE” TERM. - 28-2-324. "NO ARRIVAL, NO SALE" TERM. Under a term "no...
Section 28-2-325 - “LETTER OF CREDIT” TERM — “CONFIRMED CREDIT.” - 28-2-325. "LETTER OF CREDIT" TERM — "CONFIRMED CREDIT." (1) Failure...
Section 28-2-326 - SALE ON APPROVAL AND SALE OR RETURN — RIGHTS OF CREDITORS. - 28-2-326. SALE ON APPROVAL AND SALE OR RETURN — RIGHTS...
Section 28-2-327 - SPECIAL INCIDENTS OF SALE ON APPROVAL AND SALE OR RETURN. - 28-2-327. SPECIAL INCIDENTS OF SALE ON APPROVAL AND SALE OR...
Section 28-2-328 - SALE BY AUCTION. - 28-2-328. SALE BY AUCTION. (1) In a sale by auction...
Section 28-2-329 - VOLUNTARY AND UNSOLICITED SENDING OF GOODS. - 28-2-329. VOLUNTARY AND UNSOLICITED SENDING OF GOODS. No person, firm,...
Part 4 - TITLE, CREDITORS AND GOOD FAITH PURCHASERS
Section 28-2-401 - PASSING OF TITLE — RESERVATION FOR SECURITY — LIMITED APPLICATION OF THIS SECTION. - 28-2-401. PASSING OF TITLE — RESERVATION FOR SECURITY — LIMITED...
Section 28-2-402 - RIGHTS OF SELLER’S CREDITORS AGAINST SOLD GOODS. - 28-2-402. RIGHTS OF SELLER’S CREDITORS AGAINST SOLD GOODS. (1) Except...
Section 28-2-403 - POWER TO TRANSFER — GOOD FAITH PURCHASE OF GOODS — “ENTRUSTING.” - 28-2-403. POWER TO TRANSFER — GOOD FAITH PURCHASE OF GOODS...
Part 5 - PERFORMANCE
Section 28-2-501 - INSURABLE INTEREST IN GOODS — MANNER OF IDENTIFICATION OF GOODS. - 28-2-501. INSURABLE INTEREST IN GOODS — MANNER OF IDENTIFICATION OF...
Section 28-2-502 - BUYER’S RIGHT TO GOODS ON SELLER’S REPUDIATION, FAILURE TO DELIVER, OR INSOLVENCY. - 28-2-502. BUYER’S RIGHT TO GOODS ON SELLER’S REPUDIATION, FAILURE TO...
Section 28-2-503 - MANNER OF SELLER’S TENDER OF DELIVERY. - 28-2-503. MANNER OF SELLER’S TENDER OF DELIVERY. (1) Tender of...
Section 28-2-504 - SHIPMENT BY SELLER. - 28-2-504. SHIPMENT BY SELLER. Where the seller is required or...
Section 28-2-505 - SELLER’S SHIPMENT UNDER RESERVATION. - 28-2-505. SELLER’S SHIPMENT UNDER RESERVATION. (1) Where the seller has...
Section 28-2-506 - RIGHTS OF FINANCING AGENCY. - 28-2-506. RIGHTS OF FINANCING AGENCY. (1) A financing agency by...
Section 28-2-507 - EFFECT OF SELLER’S TENDER — DELIVERY ON CONDITION. - 28-2-507. EFFECT OF SELLER’S TENDER — DELIVERY ON CONDITION. (1)...
Section 28-2-508 - CURE BY SELLER OF IMPROPER TENDER OR DELIVERY — REPLACEMENT. - 28-2-508. CURE BY SELLER OF IMPROPER TENDER OR DELIVERY —...
Section 28-2-509 - RISK OF LOSS IN THE ABSENCE OF BREACH. - 28-2-509. RISK OF LOSS IN THE ABSENCE OF BREACH. (1)...
Section 28-2-510 - EFFECT OF BREACH ON RISK OF LOSS. - 28-2-510. EFFECT OF BREACH ON RISK OF LOSS. (1) Where...
Section 28-2-511 - TENDER OF PAYMENT BY BUYER — PAYMENT BY CHECK. - 28-2-511. TENDER OF PAYMENT BY BUYER — PAYMENT BY CHECK....
Section 28-2-512 - PAYMENT BY BUYER BEFORE INSPECTION. - 28-2-512. PAYMENT BY BUYER BEFORE INSPECTION. (1) Where the contract...
Section 28-2-513 - BUYER’S RIGHT TO INSPECTION OF GOODS. - 28-2-513. BUYER’S RIGHT TO INSPECTION OF GOODS. (1) Unless otherwise...
Section 28-2-514 - WHEN DOCUMENTS DELIVERABLE ON ACCEPTANCE — WHEN ON PAYMENT. - 28-2-514. WHEN DOCUMENTS DELIVERABLE ON ACCEPTANCE — WHEN ON PAYMENT....
Section 28-2-515 - PRESERVING EVIDENCE OF GOODS IN DISPUTE. - 28-2-515. PRESERVING EVIDENCE OF GOODS IN DISPUTE. In furtherance of...
Part 6 - BREACH, REPUDIATION AND EXCUSE
Section 28-2-601 - BUYER’S RIGHTS ON IMPROPER DELIVERY. - 28-2-601. BUYER’S RIGHTS ON IMPROPER DELIVERY. Subject to the provisions...
Section 28-2-602 - MANNER AND EFFECT OF RIGHTFUL REJECTION. - 28-2-602. MANNER AND EFFECT OF RIGHTFUL REJECTION. (1) Rejection of...
Section 28-2-603 - MERCHANT BUYER’S DUTIES AS TO RIGHTFULLY REJECTED GOODS. - 28-2-603. MERCHANT BUYER’S DUTIES AS TO RIGHTFULLY REJECTED GOODS. (1)...
Section 28-2-604 - BUYER’S OPTIONS AS TO SALVAGE OF RIGHTFULLY REJECTED GOODS. - 28-2-604. BUYER’S OPTIONS AS TO SALVAGE OF RIGHTFULLY REJECTED GOODS....
Section 28-2-605 - WAIVER OF BUYER’S OBJECTIONS BY FAILURE TO PARTICULARIZE. - 28-2-605. WAIVER OF BUYER’S OBJECTIONS BY FAILURE TO PARTICULARIZE. (1)...
Section 28-2-606 - WHAT CONSTITUTES ACCEPTANCE OF GOODS. - 28-2-606. WHAT CONSTITUTES ACCEPTANCE OF GOODS. (1) Acceptance of goods...
Section 28-2-607 - EFFECT OF ACCEPTANCE — NOTICE OF BREACH — BURDEN OF ESTABLISHING BREACH AFTER ACCEPTANCE — NOTICE OF CLAIM OR LITIGATION TO PERSON ANSWERABLE OVER. - 28-2-607. EFFECT OF ACCEPTANCE — NOTICE OF BREACH — BURDEN...
Section 28-2-608 - REVOCATION OF ACCEPTANCE IN WHOLE OR IN PART. - 28-2-608. REVOCATION OF ACCEPTANCE IN WHOLE OR IN PART. (1)...
Section 28-2-609 - RIGHT TO ADEQUATE ASSURANCE OF PERFORMANCE. - 28-2-609. RIGHT TO ADEQUATE ASSURANCE OF PERFORMANCE. (1) A contract...
Section 28-2-610 - ANTICIPATORY REPUDIATION. - 28-2-610. ANTICIPATORY REPUDIATION. When either party repudiates the contract with...
Section 28-2-611 - RETRACTION OF ANTICIPATORY REPUDIATION. - 28-2-611. RETRACTION OF ANTICIPATORY REPUDIATION. (1) Until the repudiating party’s...
Section 28-2-612 - “INSTALLMENT CONTRACT” — BREACH. - 28-2-612. "INSTALLMENT CONTRACT" — BREACH. (1) An "installment contract" is...
Section 28-2-613 - CASUALTY TO IDENTIFIED GOODS. - 28-2-613. CASUALTY TO IDENTIFIED GOODS. Where the contract requires for...
Section 28-2-614 - SUBSTITUTED PERFORMANCE. - 28-2-614. SUBSTITUTED PERFORMANCE. (1) Where without fault of either party...
Section 28-2-615 - EXCUSE BY FAILURE OF PRESUPPOSED CONDITIONS. - 28-2-615. EXCUSE BY FAILURE OF PRESUPPOSED CONDITIONS. Except so far...
Section 28-2-616 - PROCEDURE ON NOTICE CLAIMING EXCUSE. - 28-2-616. PROCEDURE ON NOTICE CLAIMING EXCUSE. (1) Where the buyer...
Part 7 - REMEDIES
Section 28-2-701 - REMEDIES FOR BREACH OF COLLATERAL CONTRACTS NOT IMPAIRED. - 28-2-701. REMEDIES FOR BREACH OF COLLATERAL CONTRACTS NOT IMPAIRED. Remedies...
Section 28-2-702 - SELLER’S REMEDIES ON DISCOVERY OF BUYER’S INSOLVENCY. - 28-2-702. SELLER’S REMEDIES ON DISCOVERY OF BUYER’S INSOLVENCY. (1) Where...
Section 28-2-703 - SELLER’S REMEDIES IN GENERAL. - 28-2-703. SELLER’S REMEDIES IN GENERAL. Where the buyer wrongfully rejects...
Section 28-2-704 - SELLER’S RIGHT TO IDENTIFY GOODS TO THE CONTRACT NOTWITHSTANDING BREACH OR TO SALVAGE UNFINISHED GOODS. - 28-2-704. SELLER’S RIGHT TO IDENTIFY GOODS TO THE CONTRACT NOTWITHSTANDING...
Section 28-2-705 - SELLER’S STOPPAGE OF DELIVERY IN TRANSIT OR OTHERWISE. - 28-2-705. SELLER’S STOPPAGE OF DELIVERY IN TRANSIT OR OTHERWISE. (1)...
Section 28-2-706 - SELLER’S RESALE INCLUDING CONTRACT FOR RESALE. - 28-2-706. SELLER’S RESALE INCLUDING CONTRACT FOR RESALE. (1) Under the...
Section 28-2-707 - “PERSON IN THE POSITION OF A SELLER.” - 28-2-707. "PERSON IN THE POSITION OF A SELLER." (1) A...
Section 28-2-708 - SELLER’S DAMAGES FOR NONACCEPTANCE OR REPUDIATION. - 28-2-708. SELLER’S DAMAGES FOR NONACCEPTANCE OR REPUDIATION. (1) Subject to...
Section 28-2-709 - ACTION FOR THE PRICE. - 28-2-709. ACTION FOR THE PRICE. (1) When the buyer fails...
Section 28-2-710 - SELLER’S INCIDENTAL DAMAGES. - 28-2-710. SELLER’S INCIDENTAL DAMAGES. Incidental damages to an aggrieved seller...
Section 28-2-711 - BUYER’S REMEDIES IN GENERAL — BUYER’S SECURITY INTEREST IN REJECTED GOODS. - 28-2-711. BUYER’S REMEDIES IN GENERAL — BUYER’S SECURITY INTEREST IN...
Section 28-2-712 - “COVER” — BUYER’S PROCUREMENT OF SUBSTITUTE GOODS. - 28-2-712. "COVER" — BUYER’S PROCUREMENT OF SUBSTITUTE GOODS. (1) After...
Section 28-2-713 - BUYER’S DAMAGES FOR NONDELIVERY OR REPUDIATION. - 28-2-713. BUYER’S DAMAGES FOR NONDELIVERY OR REPUDIATION. (1) Subject to...
Section 28-2-714 - BUYER’S DAMAGES FOR BREACH IN REGARD TO ACCEPTED GOODS. - 28-2-714. BUYER’S DAMAGES FOR BREACH IN REGARD TO ACCEPTED GOODS....
Section 28-2-715 - BUYER’S INCIDENTAL AND CONSEQUENTIAL DAMAGES. - 28-2-715. BUYER’S INCIDENTAL AND CONSEQUENTIAL DAMAGES. (1) Incidental damages resulting...
Section 28-2-716 - BUYER’S RIGHT TO SPECIFIC PERFORMANCE OR CLAIM AND DELIVERY. - 28-2-716. BUYER’S RIGHT TO SPECIFIC PERFORMANCE OR CLAIM AND DELIVERY....
Section 28-2-717 - DEDUCTION OF DAMAGES FROM THE PRICE. - 28-2-717. DEDUCTION OF DAMAGES FROM THE PRICE. The buyer on...
Section 28-2-718 - LIQUIDATION OR LIMITATION OF DAMAGES — DEPOSITS. - 28-2-718. LIQUIDATION OR LIMITATION OF DAMAGES — DEPOSITS. (1) Damages...
Section 28-2-719 - CONTRACTUAL MODIFICATION OR LIMITATION OF REMEDY. - 28-2-719. CONTRACTUAL MODIFICATION OR LIMITATION OF REMEDY. (1) Subject to...
Section 28-2-720 - EFFECT OF “CANCELLATION” OR “RESCISSION” ON CLAIMS FOR ANTECEDENT BREACH. - 28-2-720. EFFECT OF "CANCELLATION" OR "RESCISSION" ON CLAIMS FOR ANTECEDENT...
Section 28-2-721 - REMEDIES FOR FRAUD. - 28-2-721. REMEDIES FOR FRAUD. Remedies for material misrepresentation or fraud...
Section 28-2-722 - WHO CAN SUE THIRD PARTIES FOR INJURY TO GOODS. - 28-2-722. WHO CAN SUE THIRD PARTIES FOR INJURY TO GOODS....
Section 28-2-723 - PROOF OF MARKET PRICE — TIME AND PLACE. - 28-2-723. PROOF OF MARKET PRICE — TIME AND PLACE. (1)...
Section 28-2-724 - ADMISSIBILITY OF MARKET QUOTATIONS. - 28-2-724. ADMISSIBILITY OF MARKET QUOTATIONS. Whenever the prevailing price or...
Section 28-2-725 - STATUTE OF LIMITATIONS IN CONTRACTS FOR SALE. - 28-2-725. STATUTE OF LIMITATIONS IN CONTRACTS FOR SALE. (1) An...