Sec. 45.12.524. Lessor’s right to identify goods to lease contract.
(a) After default, by the lessee under the lease contract, of the type described in AS 45.12.523(a) or (c)(1) or, if agreed, after other default by the lessee, the lessor may (1) identify to the lease contract conforming goods not already identified if at the time the lessor learned of the default they were in […]
Sec. 45.12.525. Lessor’s right to possession of goods.
(a) If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the goods. (b) After a default, by the lessee under the lease contract, of the type described in AS 45.12.523(a) or (c)(1), or, if agreed, after other default by the lessee, the lessor has the right to take possession […]
Sec. 45.12.526. Lessor’s stoppage of delivery in transit or otherwise.
(a) A lessor may stop delivery of goods in the possession of a carrier or other bailee if the lessor discovers the lessee to be insolvent and may stop delivery of carload, truckload, planeload, or larger shipments of express or freight if the lessee repudiates or fails to make a payment due before delivery, whether […]
Sec. 45.12.527. Lessor’s rights to dispose of goods.
(a) After a default, by a lessee under the lease contract, of the type described in AS 45.12.523(a) or (c)(1) or after the lessor refuses to deliver or takes possession of goods under AS 45.12.525 or 45.12.526, or, if agreed, after other default by a lessee, the lessor may dispose of the goods concerned or […]
Sec. 45.12.528. Lessor’s damages for nonacceptance, failure to pay, repudiation, or other default.
(a) Except as otherwise provided with respect to damages liquidated in the lease agreement under AS 45.12.504 or otherwise determined under agreement of the parties under AS 45.01.302 and AS 45.12.503, if a lessor elects to retain the goods or a lessor elects to dispose of the goods and the disposition is by lease agreement […]
Sec. 45.12.529. Lessor’s action for the rent.
(a) After default, by the lessee under the lease contract, of the type described in AS 45.12.523(a) or (c)(1) or, if agreed, after other default by the lessee, if the lessor complies with (b) of this section, the lessor may recover from the lessee as damages (1) for goods accepted by the lessee and not […]
Sec. 45.12.530. Lessor’s incidental damages.
Incidental damages to an aggrieved lessor include commercially reasonable charges, expenses, or commissions incurred in stopping delivery, in the transportation, care, and custody of goods after the lessee’s default, in connection with return or disposition of the goods, or otherwise resulting from the default.
Sec. 45.12.531. Standing to sue third parties for injury to goods.
(a) If a third party so deals with goods that have been identified to a lease contract as to cause actionable injury to a party to the lease contract (1) the lessor has a right of action against the third party; and (2) the lessee also has a right of action against the third party […]
Sec. 45.12.532. Lessor’s rights regarding residual interest.
In addition to any other recovery permitted by this chapter or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor’s residual interest in the goods caused by the default of the lessee.
Sec. 45.12.517. Revocation of acceptance of goods.
(a) A lessee may revoke acceptance of a lot or commercial unit whose nonconformity substantially impairs its value to the lessee if the lessee has accepted it, (1) except in the case of a finance lease, on the reasonable assumption that its nonconformity would be cured and it has not been seasonably cured; or (2) […]