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Texas Business & Commerce Code

§ 2.511 — TENDER OF PAYMENT BY BUYER; PAYMENT BY CHECK

BC § 2.511Title 1. UNIFORM COMMERCIAL CODE · Ch. 2. SALES · Art. E. PERFORMANCE

Statute text

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(a)Unless otherwise agreed tender of payment is a condition to the seller's duty to tender and complete any delivery.
(b)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.
(c)Subject to the provisions of this title on the effect of an instrument on an obligation (Section 3.802), payment by check is conditional and is defeated as between the parties by dishonor of the check on due presentment.

Legislative history

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.

Source: Texas Business & Commerce Code § 2.511 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.