41-02.1-61. (2A-513) Cure by lessor of improper tender or delivery - Replacement.
112 words·~1 min read·
/nd/title-41/chapter-41-02-1-leases/41-02-1-61·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. If any tender or delivery by the lessor or the supplier is rejected because
nonconforming and the time for performance has not yet expired, the lessor or the
supplier may seasonably notify the lessee of the lessor's or the supplier's intention to
cure and may then make a conforming delivery within the time provided in the lease
contract.
2. If the lessee rejects a nonconforming tender that the lessor or the supplier had
reasonable grounds to believe would be acceptable with or without money allowance,
the lessor or the supplier may have a further reasonable time to substitute a
conforming tender if the lessor or the supplier seasonably notifies the lessee.