Title 11, Chapter 2, Section 614
( 11-2-614)
Substituted performance. (1) Where without fault of either party the agreed berthing,
loading, or unloading facilities fail or an agreed type of carrier
becomes unavailable or the agreed manner of delivery otherwise
becomes commercially impracticable but a commercially reasonable
substitute is available, such substitute performance must be
tendered and accepted. (2) If the agreed means or manner of payment fails because of
domestic or foreign governmental regulation, the seller may withhold
or stop delivery unless the buyer provides a means or manner of
payment which is commercially a substantial equivalent. If delivery
has already been taken, payment by the means or in the manner
provided by the regulation discharges the buyer's obligation unless
the regulation is discriminatory, oppressive, or predatory. |