554.2303 Allocation or division of risks.
40 words·~1 min read·
/ia/chapter-554-uniform-commercial-code/554-2303A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where this Article allocates a risk or a burden as between the parties “unless otherwise agreed”, the agreement may not only shift the allocation but may also divide the risk or burden.
[C66, 71, 73, 75, 77, 79, 81, §554.2303]