The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 9A V.S.A. § 2-612)
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§ 2—612. “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) of this section 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 he or she accepts a nonconforming installment without
seasonably notifying of cancellation or if he or she brings an action with respect
only to past installments or demands performance as to future installments.