§2-509. Risk of loss in the absence of breach
(1). Where the contract requires or authorizes the seller to ship the goods by carrier,
(a). If it does not require him to deliver them at a particular destination, the risk of loss passes to the buyer when the goods are duly delivered to the carrier even though the shipment is under reservation (section 2‑505); but
(b). If it does require him to deliver them at a particular destination and the goods are there duly tendered while in the possession of the carrier, the risk of loss passes to the buyer when the goods are there duly so tendered as to enable the buyer to take delivery.
(2). Where the goods are held by a bailee to be delivered without being moved, the risk of loss passes to the buyer
(a). On the buyer's receipt of possession or control of a negotiable document of title covering the goods; or [PL 2009, c. 324, Pt. B, §15 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).]
(b). On acknowledgment by the bailee of the buyer's right to possession of the goods; or
(c). After the buyer's receipt of possession or control of a nonnegotiable document of title or other direction to deliver in a record, as provided in section 2‑503, subsection (4), paragraph (b). [PL 2009, c. 324, Pt. B, §16 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).]
[PL 2009, c. 324, Pt. B, §§15, 16 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).]
(3). In any case not within subsection (1) or (2), the risk of loss passes to the buyer on his receipt of the goods if the seller is a merchant; otherwise the risk passes to the buyer on tender of delivery.
(4). The provisions of this section are subject to contrary agreement of the parties and to the provisions of this Article on sale on approval (section 2‑327) and on effect of breach on risk of loss (section 2‑510).
SECTION HISTORY
PL 2009, c. 324, Pt. B, §§ 15, 16 (AMD). PL 2009, c. 324, Pt. B, §48 (AFF).
Structure Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
11 §2-501. Insurable interest in goods; manner of identification of goods
11 §2-502. Buyer's right to goods on seller's repudiation, failure to deliver or insolvency
11 §2-503. Manner of seller's tender of delivery
11 §2-505. Seller's shipment under reservation
11 §2-506. Rights of financing agency
11 §2-507. Effect of seller's tender; delivery on condition
11 §2-508. Cure by seller of improper tender or delivery; replacement
11 §2-509. Risk of loss in the absence of breach
11 §2-510. Effect of breach on risk of loss
11 §2-511. Tender of payment by buyer; payment by check
11 §2-512. Payment by buyer before inspection
11 §2-513. Buyer's right to inspection of goods
11 §2-514. When documents deliverable on acceptance; when on payment