Where this Article allocates a risk or a burden as between the parties “unless otherwise agreed”, the agreement may not only shift the allocation but may also divide the risk or burden.
Iowa Code § 554.2303
Allocation or division of risks
Known as the Uniform Commercial Code
The act spans §§ 554–554 (631 sections).
Applied in 1 court decision — leading case 360 F. Supp. 3d 817 - Rexing Quality Eggs v. Rembrandt Enterprises, Inc. (2018)
Most recently applied in 360 F. Supp. 3d 817 - Rexing Quality Eggs v. Rembrandt Enterprises, Inc. (December 2018)
[C66, 71, 73, 75, 77, 79, 81, §554.2303]
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.