(810 ILCS 5/2-507) (from Ch. 26, par. 2-507)
Sec. 2-507.
Effect of seller's tender; delivery on condition.
(1) Tender of delivery is a condition to the buyer's duty to accept the
goods and, unless otherwise agreed, to his duty to pay for them. Tender
entitles the seller to acceptance of the goods and to payment according to
the contract.
(2) Where payment is due and demanded on the delivery to the buyer of
goods or documents of title, his right as against the seller to retain or
dispose of them is conditional upon his making the payment due.
(Source: Laws 1961, p. 2101.)
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