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§ 554.13513 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 554.13513

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554.13513 Cure by lessor of improper tender or delivery — replacement. 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 seasonablynotify the lessee of the lessor’s or the supplier’s intention to cure and may then make aconforming 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, thelessor or the supplier may have a further reasonable time to substitute a conforming tenderif the lessor or supplier seasonably notifies the lessee. 94 Acts, ch 1052, §65Referred to in §554.13514 Sat Dec 23 11:03:32 2023 Iowa Code 2024, Section 554.13513 (24, 0)