§ 25-2-511. Tender of payment by buyer; payment by check. - North Carolina Statutes

§25‑2‑511.  Tender of payment by buyer; payment by check.

(1)        Unless otherwiseagreed tender of payment is a condition to the seller's duty to tender andcomplete any delivery.

(2)        Tender of paymentis sufficient when made by any means or in any manner current in the ordinarycourse of business unless the seller demands payment in legal tender and givesany extension of time reasonably necessary to procure it.

(3)        Subject to theprovisions of this chapter on the effect of an instrument on an obligation (G.S.25‑3‑310), payment by check is conditional and is defeated asbetween the parties by dishonor of the check on due presentment. (1965,c. 700, s. 1; 1995, c. 232, s. 5.)