2006 Minnesota Statutes

336.2-310 OPEN TIME FOR PAYMENT OR RUNNING OF CREDIT; AUTHORITY TO
SHIP UNDER RESERVATION.
Unless otherwise agreed
(a) payment is due at the time and place at which the buyer is to receive the goods even
though the place of shipment is the place of delivery; and
(b) if the seller is authorized to send the goods the seller may ship them under reservation,
and may tender the documents of title, but the buyer may inspect the goods after their arrival
before payment is due unless such inspection is inconsistent with the terms of the contract
(section 336.2-513); and
(c) if delivery is authorized and made by way of documents of title otherwise than by
subsection (b) then payment is due regardless of where the goods are to be received (i) at the time
and place at which the buyer is to receive delivery of the tangible documents or (ii) at the time the
buyer is to receive delivery of the electronic documents and at the seller's place of business or
if none, the seller's residence; and
(d) where the seller is required or authorized to ship the goods on credit the credit period runs
from the time of shipment but postdating the invoice or delaying its dispatch will correspondingly
delay the starting of the credit period.
History: 1965 c 811 s 336.2-310; 1986 c 444; 2004 c 162 art 5 s 3