Sec. 2511.
(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 act on the effect of an instrument on an obligation (section 3802), payment by check is conditional and is defeated as between the parties by dishonor of the check on due presentment.
History: 1962, Act 174, Eff. Jan. 1, 1964
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 2 - Sales (440.2101...440.2725)
174-1962-2-5 - Part 5 Performance (440.2501...440.2515)
Section 440.2501 - Special Property and Insurable Interest in Goods; Identification of Goods.
Section 440.2502 - Special Property and Insurable Interest in Goods.
Section 440.2504 - Delivery by Shipment; Contract With Carrier, Documents, Notice.
Section 440.2505 - Shipment With and Without Reservation by Seller.
Section 440.2506 - Financing Agency; Rights; Reimbursement.
Section 440.2507 - Tender of Delivery; Conditions, Payment.
Section 440.2508 - Improper Delivery; Cure, Replacement.
Section 440.2509 - Risk of Loss; Absence of Breach.
Section 440.2510 - Risk of Loss; Effect of Breach.
Section 440.2511 - Payment by Buyer; Tender, Check.
Section 440.2512 - Payment by Buyer; Inspection, Nonconforming Goods.
Section 440.2513 - Inspection by Buyer; Time, Expenses, Place, Method.
Section 440.2514 - Documents; Delivery to Drawee on Acceptance or Payment.
Section 440.2515 - Adjustment of Dispute; Preservation of Evidence, Inspection.