Iowa Code § 554.2703

Current through bills signed by governor as of 5/17/2024

Section 554.2703 - Seller's remedies in general

Where the buyer wrongfully rejects or revokes acceptance of goods or fails to make a payment due on or before delivery or repudiates with respect to a part or the whole, then with respect to any goods directly affected and, if the breach is of the whole contract (section 554.2612 ), then also with respect to the whole undelivered balance, the aggrieved seller may:

1. withhold delivery of such goods;

2. stop delivery by any bailee as hereafter provided (section 554.2705 );

3. proceed under section 554.2704 respecting goods still unidentified to the contract;

4. resell and recover damages as hereafter provided (section 554.2706 );

5. recover damages for nonacceptance (section 554.2708 ) or in a proper case the price (section 554.2709 );

6. cancel.

Iowa Code § 554.2703

C24, 27, 31, 35, 39, §9993; C46, 50, 54, 58, 62, § 554.65; C66, 71, 73, 75, 77, 79, 81, § 554.2703 2008 Acts, ch 1032, §73

Referred to in §554.2602, 554.2610, 554.2704, 554.2706