Iowa Code (Last Updated: December 05, 2016) |
Title XIII. COMMERCE |
Chapter 538. TENDER OF PAYMENT AND PERFORMANCE |
Section 538.6. Offer in writing — effect.
Latest version.
-
An offer in writing to pay a particular sum of money, or to deliver a written instrument or specific personal property, if not accepted, is equivalent to the actual tender of the money, instrument, or property, subject, however, to the condition contained in section 538.7; but if the party to whom the tender is made desires an inspection of the instrument or property tendered, other than money, before making the party’s determination, it shall be allowed the party on request.
[C51, §967; R60, §1816; C73, §2105; C97, §3061; C24, 27, 31, 35, 39, §9448; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §538.6]