Texas Business & Commerce Code

§ 2.610 — ANTICIPATORY REPUDIATION

BC § 2.610Title 1. UNIFORM COMMERCIAL CODE · Ch. 2. SALES · Art. F. BREACH, REPUDIATION AND EXCUSE

Statute text

When either party repudiates the contract with respect to a performance not yet due the loss of which will substantially impair the value of the contract to the other, the aggrieved party may

(1)for a commercially reasonable time await performance by the repudiating party; or

(2)resort to any remedy for breach (Section 2.703 or Section 2.711), even though he has notified the repudiating party that he would await the latter's performance and has urged retraction; and

(3)in either case suspend his own performance or proceed in accordance with the provisions of this chapter on the seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods (Section 2.704).

Legislative history

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