Revisor Home

Title XXVI TRADE AND COMMERCE

Chapter 400

previous next Effective - 28 Aug 1963bottom

  400.2-310.  Open time for payment or running of credit — authority to ship under reservation. — Unless otherwise agreed

  (a)  payment is due at the time and place at which the buyer is to receive the goods even though the place of shipment is the place of delivery; and

  (b)  if the seller is authorized to send the goods he may ship them under reservation, and may tender the documents of title, but the buyer may inspect the goods after their arrival before payment is due unless such inspection is inconsistent with the terms of the contract (section 400.2-513); and

  (c)  if delivery is authorized and made by way of documents of title otherwise than by subsection (b) then payment is due at the time and place at which the buyer is to receive the documents regardless of where the goods are to be received; and

  (d)  where the seller is required or authorized to ship the goods on credit the credit period runs from the time of shipment but post-dating the invoice or delaying its dispatch will correspondingly delay the starting of the credit period.

­­--------

(L. 1963 p. 503 § 2-310)


---- end of effective   28 Aug 1963 ----

use this link to bookmark section  400.2-310


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@03:57:56.1 29