30-2A-404. Substituted performance. (1) If without fault of the lessee, the lessor, and the supplier the agreed berthing, loading, or unloading facilities fail, the agreed type of carrier becomes unavailable, or the agreed manner of delivery otherwise becomes commercially impracticable, but a commercially reasonable substitute is available, the substitute performance must be tendered and accepted.
(2) If the agreed means or manner of payment fails because of domestic or foreign governmental regulation the lessor may withhold or stop delivery or cause the supplier to withhold or stop delivery unless the lessee provides a means or manner of payment that is commercially a substantial equivalent and if delivery has already been taken, payment by the means or in the manner provided by the regulation discharges the lessee's obligation unless the regulation is discriminatory, oppressive, or predatory.
History: En. Sec. 51, Ch. 410, L. 1991.
Structure Montana Code Annotated
Chapter 2A. Uniform Commercial Code Leases
Part 4. Performance of Lease Contract Repudiated, Substituted, and Excused
30-2A-401. Insecurity -- adequate assurance of performance
30-2A-402. Anticipatory repudiation
30-2A-403. Retraction of anticipatory repudiation
30-2A-404. Substituted performance
30-2A-405. Excused performance