Title 11, Chapter 2, Section 510
( 11-2-510)
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. |