The Vermont Statutes Online
Uniform Commercial Code
2A-513. Cure by lessor of improper tender or delivery; replacement
(1) If any
tender or delivery by the lessor or the supplier is rejected because
nonconforming and the time for performance has not yet expired, the lessor or
the supplier may seasonably notify the lessee of the lessor's or the supplier's
intention to cure and may then make a conforming delivery within the time
provided in the lease contract.
(2) If the
lessee rejects a nonconforming tender that the lessor or the supplier had
reasonable grounds to believe would be acceptable with or without money
allowance, the lessor or the supplier may have a further reasonable time to
substitute a conforming tender if he or she seasonably notifies the lessee.
(Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)