Legislation

Search OpenLegislation Statutes

previous
  • SECTION 2-A-514
    Waiver of Lessee's Objections
    • up
  • PART 5
    Default a In General B Default By Lessor C Default By Lessee
    • next
  • SECTION 2-A-516
    Effect of Acceptance of Goods; Notice of Default; Burden of Establishing Default After Acceptance; Notice of Claim or Litigation to Perso...
    • This entry was published on 2014-09-22
    NOTE: The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.

    SECTION 2-A-515

    Acceptance of Goods

    Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2-A, PART 5

    Section 2-A-515. Acceptance of Goods.

    (1) Acceptance of goods occurs after the lessee has had a reasonable
    opportunity to inspect the goods and

    (a) the lessee signifies or acts with respect to the goods in a

    manner that signifies to the lessor or the supplier that the

    goods are conforming or that the lessee will take or retain

    them in spite of their nonconformity; or

    (b) the lessee fails to make an effective rejection of the goods

    (Section 2-A-509 (2)).

    (2) Acceptance of a part of any commercial unit is acceptance of that
    entire unit.