KRS 355.2-510: Effect of breach on risk of loss.
Where this section sits in the code
(1) Where a tender or delivery of goods so fails to conform to the contract as to give a
right of rejection the risk of their loss remains on the seller until cure or acceptance.
(2) Where the buyer rightfully revokes acceptance he may to the extent of any
deficiency in his effective insurance coverage treat the risk of loss as having rested
on the seller from the beginning.
(3) Where the buyer as to conforming goods already identified to the contract for sale
repudiates or is otherwise in breach before risk of their loss has passed to him, the
seller may to the extent of any deficiency in his effective insurance coverage treat
the risk of loss as resting on the buyer for a commercially reasonable time.
Collected 2026-09-05T20:58:42Z. Source file · JSON