{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-2-609","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-2-609","heading":"Right to Adequate Assurance of Performance","body":"(1) A contract for sale imposes an obligation on each party that\n\nthe other's expectation of receiving due performance will not be\n\nimpaired. When reasonable grounds for insecurity arise with respect\n\nto the performance of either party the other may in writing demand\n\nadequate assurance of due performance and until he receives such\n\nassurance may if commercially reasonable suspend any performance for\n\nwhich he has not already received the agreed return.\n\n(2) Between merchants the reasonableness of grounds for\n\ninsecurity and the adequacy of any assurance offered shall be\n\ndetermined according to commercial standards.\n\n(3) Acceptance of any improper delivery or payment does not\n\nprejudice the aggrieved party's right to demand adequate assurance\n\nof future performance.\n\n(4) After receipt of a justified demand failure to provide\n\nwithin a reasonable time not exceeding thirty (30) days such\n\nassurance of due performance as is adequate under the circumstances\n\nof the particular case is a repudiation of the contract.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a6e5a73f3003f07d687874728d6aa0feb794fee5a15a1b7ef61d1342873d7a32","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-2-608","next":"us-ok/okla.-stat.-tit.-12a-12a-2-610"},"notice":"GroundRules: Original legal text. Not legal advice."}
