☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

Effective - 28 Aug 1992 bottom

  400.2-511.  Tender of payment by buyer — payment by check. — (1)  Unless otherwise agreed tender of payment is a condition to the seller's duty to tender and complete any delivery.

  (2)  Tender of payment is sufficient when made by any means or in any manner current in the ordinary course of business unless the seller demands payment in legal tender and gives any extension of time reasonably necessary to procure it.

  (3)  Subject to the provisions of this chapter on the effect of an instrument on an obligation (section 400.3-310), payment by check is conditional and is defeated as between the parties by dishonor of the check on due presentment.

­­--------

(L. 1963 p. 503 § 2-511, A.L. 1992 S.B. 448)


---- end of effective   28 Aug 1992 ----

use this link to bookmark section  400.2-511


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Pictures Contact

Other Links
Oversight MOLIS Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@18:44:55.4 37 :)