California Commercial Code

§ 10404

COM § 10404 Effective Jul 15, 1991Div. 10 · Ch. 4

Statute text

(a)If without fault of the lessee, the lessor, and the supplier, the agreed berthing, loading, or unloading facilities fail or the agreed type of carrier becomes unavailable or the agreed manner of delivery otherwise becomes commercially impracticable, but a commercially reasonable substitute is available, the substitute performance must be tendered and accepted.

(b)If the agreed means or manner of payment fails because of domestic or foreign governmental regulation:

(1)The lessor may withhold or stop delivery or cause the supplier to withhold or stop delivery unless the lessee provides a means or manner of payment that is commercially a substantial equivalent; and

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Legislative history

Amended by Stats. 1991, Ch. 111, Sec. 36. Effective July 15, 1991.