Nevada § 104.2612 - “Installment contract”; breach
Full text of Nevada Nevada Revised Statutes § 104.2612 — “Installment contract”; breach, with citation guidance and answers to common questions.
§ 104.2612. “Installment contract”; breach
1. An “installment contract” is one which requires or authorizes the delivery of goods
in separate lots to be separately accepted, even though the contract contains a clause
“each delivery is a separate contract” or its equivalent. 2. The buyer may reject any installment which is nonconforming if the nonconformity
substantially impairs the value of that installment and cannot be cured or if the
nonconformity is a defect in the required documents; but if the nonconformity does
not fall within subsection 3 and the seller gives adequate assurance of its cure the
buyer must accept that installment. 3. Whenever nonconformity or default with respect to one or more installments substantially
impairs the value of the whole contract there is a breach of the whole. But the aggrieved party reinstates the contract if the aggrieved party accepts a nonconforming
installment without seasonably notifying of cancellation or if the aggrieved party
brings an action with respect only to past installments or demands performance as
to future installments.
Frequently Asked Questions About Nevada § 104.2612
What does Nevada Revised Statutes § 104.2612 cover?
Section 104.2612 ("“Installment contract”; breach") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 104.2612?
A common citation format is "Nevada Revised Statutes § 104.2612" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104.2612 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.