§12A-2A-401.

§12A-2A-401.
   
               INSECURITY; ADEQUATE ASSURANCE OF PERFORMANCE
                                      
   (1) A lease contract imposes an obligation on each party that the
   other's expectation of receiving due performance will not be impaired.
   
   (2) If reasonable grounds for insecurity arise with respect to the
   performance of either party, the insecure party may demand in writing
   adequate assurance of due performance. Until the insecure party
   receives that assurance, if commercially reasonable the insecure party
   may suspend any performance for which he has not already received the
   agreed return.
   
   (3) A repudiation of the lease contract occurs if assurance of due
   performance adequate under the circumstances of the particular case is
   not provided to the insecure party within a reasonable time, not to
   exceed thirty (30) days after receipt of a demand by the other party.
   
   (4) Between merchants, the reasonableness of grounds for insecurity
   and the adequacy of any assurance offered must be determined according
   to commercial standards.
   
   (5) Acceptance of any nonconforming delivery or payment does not
   prejudice the aggrieved party's right to demand adequate assurance of
   future performance.