Official Code of Georgia Annotated
Title 11. COMMERCIAL CODE · Chapter 2. · Article 2. SALES · Part 5. PERFORMANCE
11-2-511. Tender of payment by buyer; payment by check.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
- (1)
Unless otherwise agreed tender of payment is a condition to the seller’s duty to tender and complete any delivery.#
- (2)
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.#
- (3)
Subject to the provisions of this title on the effect of an instrument on an obligation, payment by check is conditional and is defeated as between the parties by dishonor of the check on due presentment.#
History
Code 1933, § 109A-2-511, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 1997, p. 143, § 11.
Law reviews
For article discussing the resolution of conflicting claims to goods between an unsecured seller of goods and a creditor of a buyer claiming under an after-acquired property clause, see 28 Mercer L. Rev. 625 (1977).
Read the official page (the state's PDF, opened at the page this text was read from).
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t11-(v9)-2022-pdf.pdf, Volume V9, 2022 edition, pages 192 to 193; merge action: carried; file SHA-256 ad397fccbf21.