Okla. Stat. tit. 12A, § 12A-2-310
This is the official text of Okla. Stat. tit. 12A, § 12A-2-310, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Open time for payment or running of credit - Authority
Official statutory text
to ship under reservation.
Open Time for Payment or Running of Credit; Authority to Ship
Under Reservation.
Unless otherwise agreed:
(a) payment is due at the time and place at which the buyer is
to receive the goods even though the place of shipment is the place
of delivery; and
(b) if the seller is authorized to send the goods he may ship
them under reservation, and may tender the documents of title, but
the buyer may inspect the goods after their arrival before payment
is due unless such inspection is inconsistent with the terms of the
contract (Section 2-513); and
(c) if delivery is authorized and made by way of documents of
title otherwise than by subsection (b) then payment is due
regardless of where the goods are to be received (i) at the time and
place at which the buyer is to receive delivery of the tangible
documents or (ii) at the time the buyer is to receive delivery of
the electronic documents and at the seller’s place of business or if
none, the seller’s residence; and
(d) where the seller is required or authorized to ship the
goods on credit the credit period runs from the time of shipment but
post-dating the invoice or delaying its dispatch will
correspondingly delay the starting of the credit period.
Open Time for Payment or Running of Credit; Authority to Ship
Under Reservation.
Unless otherwise agreed:
(a) payment is due at the time and place at which the buyer is
to receive the goods even though the place of shipment is the place
of delivery; and
(b) if the seller is authorized to send the goods he may ship
them under reservation, and may tender the documents of title, but
the buyer may inspect the goods after their arrival before payment
is due unless such inspection is inconsistent with the terms of the
contract (Section 2-513); and
(c) if delivery is authorized and made by way of documents of
title otherwise than by subsection (b) then payment is due
regardless of where the goods are to be received (i) at the time and
place at which the buyer is to receive delivery of the tangible
documents or (ii) at the time the buyer is to receive delivery of
the electronic documents and at the seller’s place of business or if
none, the seller’s residence; and
(d) where the seller is required or authorized to ship the
goods on credit the credit period runs from the time of shipment but
post-dating the invoice or delaying its dispatch will
correspondingly delay the starting of the credit period.
Status: in_force · Read it on the official government site
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