Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 2-303 — Allocation or Division of Risks
N.Y. U.C.C. Law § 2-303
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 2--303. Allocation or Division of Risks.
Citator
N.Y. U.C.C. Law § 2-303 — Allocation or Division of Risks is in force in the current edition of the Code, and nothing recorded condemns it.
Section 2--303. Allocation or Division of Risks.
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.