70A-2-510. Effect of breach on risk of loss.
(1) Where a tender or delivery of goods so fails to conform to the contract as to give a
right of rejection the risk of their loss remains on the seller until cure or acceptance.
(2) Where the buyer rightfully revokes acceptance he may to the extent of any deficiency
in his effective insurance coverage treat the risk of loss as having rested on the seller from the
beginning.
(3) Where the buyer as to conforming goods already identified to the contract for sale
repudiates or is otherwise in breach before risk of their loss has passed to him, the seller may to
the extent of any deficiency in his effective insurance coverage treat the risk of loss as resting on
the buyer for a commercially reasonable time.
Enacted by Chapter 154, 1965 General Session
Download Code Section Zipped WordPerfect 70A02_051000.ZIP 1,852 Bytes
Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page
Last revised: Thursday, May 28, 2009