Okla. Stat. tit. 12A, § 12A-2-510
This is the official text of Okla. Stat. tit. 12A, § 12A-2-510, 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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Effect of Breach on Risk of Loss
Official statutory text
(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
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 213
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.
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
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 213
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.
Status: in_force · Read it on the official government site
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