N.Y. UCC Law § 2-510
This is the official text of N.Y. UCC Law § 2-510, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
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Effect of Breach on Risk of Loss
Official statutory text
Section 2--510. Effect of Breach on Risk of Loss.\n (1) Where a tender or delivery of goods so fails to conform to the\ncontract as to give a right of rejection the risk of their loss remains\non the seller until cure or acceptance.\n (2) Where the buyer rightfully revokes acceptance he may to the extent\nof any deficiency in his effective insurance coverage treat the risk of\nloss as having rested on the seller from the beginning.\n (3) Where the buyer as to conforming goods already identified to the\ncontract for sale repudiates or is otherwise in breach before risk of\ntheir loss has passed to him, the seller may to the extent of any\ndeficiency in his effective insurance coverage treat the risk of loss as\nresting on the buyer for a commercially reasonable time.\n
Status: in_force · Read it on the official government site
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