{"data":{"id":"us-mi/mich.-comp.-laws-440.2934","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.2934","heading":"Substituted performance; tender and acceptance; failure of payment due to government regulation.","body":"Sec. 2A404.\n\nIf without fault of the lessee, the lessor and the supplier, the agreed berthing, loading, or unloading facilities fail or the agreed type of carrier becomes unavailable or the agreed manner of delivery otherwise becomes commercially impracticable, but a commercially reasonable substitute is available, the substitute performance must be tendered and accepted.\n\nIf the agreed means or manner of payment fails because of domestic or foreign governmental regulation, then the following apply:\n\nThe lessor may withhold or stop delivery or cause the supplier to withhold or stop delivery unless the lessee provides a means or manner of payment that is commercially a substantial equivalent.\n\nIf delivery has already been taken, payment by the means or in the manner provided by the regulation discharges the lessee's obligation unless the regulation is discriminatory, oppressive, or predatory.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-2934","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"7d67ad82585e970edf24a6018912b6b5d7797f6aa154d1b2b5e6c80b2c392db6","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.2933","next":"us-mi/mich.-comp.-laws-440.2935"},"notice":"GroundRules: Original legal text. Not legal advice."}
