KRS 355.2-503: Manner of seller's tender of delivery.

(1) Tender of delivery requires that the seller put and hold conforming goods at the

buyer's disposition and give the buyer any notification reasonably necessary to

enable him to take delivery. The manner, time and place for tender are determined

by the agreement and this article, and in particular:

(a) Tender must be at a reasonable hour, and if it is of goods they must be kept

available for the period reasonably necessary to enable the buyer to take

possession; but

(b) Unless otherwise agreed the buyer must f urnish facilities reasonably suited to

the receipt of the goods.

(2) Where the case is within KRS 355.2 -504 respecting shipment tender requires that

the seller comply with its provisions.

(3) Where the seller is required to deliver at a particular destinat ion tender requires that

he comply with subsection (1) and also in any appropriate case tender documents as

described in subsections (4) and (5) of this section.

(4) Where goods are in the possession of a bailee and are to be delivered without being

moved:

(a) Tender requires that the seller either tender a negotiable document of title

covering such goods or procure acknowledgement by the bailee of the buyer's

right to possession of the goods; but

(b) Tender to the buyer of a nonnegotiable document of title or of a written

direction to the bailee to deliver is sufficient tender unless the buyer

seasonably objects, and receipt by the bailee of notification of the buyer's

rights fixes those rights as against the bailee and all third persons; but risk of

loss of the goods and of any failure by the bailee to honor the nonnegotiable

document of title or to obey the direction remains on the seller until the buyer

has had a reasonable time to present the document or direction, and a refusal

by the bailee to honor the document or to obey the direction defeats the tender.

(5) Where the contract requires the seller to deliver documents:

(a) He must tender all such documents in correct form, except as provided in this

article with respect to bills of lading in a set (sub section (2) of KRS 355.2 -

323); and

(b) Tender through customary banking channels is sufficient and dishonor of a

draft accompanying or associated with the documents constitutes

nonacceptance or rejection.