US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Section 2A-523 – Lessor’s Remedies

    (1)    If a lessee wrongfully rejects or revokes acceptance of goods or fails to make a payment when due or repudiates with respect to a part or the whole, then, with respect to any goods involved, and with respect to all of the goods if under an installment lease contract the value of the whole lease […]

Section 2A-524 – Lessor’s Right to Identify Goods to Lease Contract

    (1)    A lessor aggrieved under § 2A-523 may:         (a)    Identify to the lease contract conforming goods not already identified if at the time the lessor learned of the default they were in the lessor’s or the supplier’s possession or control; and         (b)    Dispose of goods (§ 2A-527(1)) that demonstrably have been intended for the particular lease contract even […]

Section 2A-525 – Lessor’s Right to Possession of Goods

    (1)    If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the goods.     (2)    After a default by the lessee under the lease contract of the type described in § 2A-523(1) or § 2A-523(3)(a), or, if agreed, on other default by the lessee, the lessor has the right to take possession of […]

Section 2A-526 – Lessor’s Stoppage of Delivery in Transit or Otherwise

    (1)    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 for […]

Section 2A-527 – Lessor’s Rights to Dispose of Goods

    (1)    After a default by a lessee under the lease contract of the type described in § 2A-523(1) or § 2A-523(3)(a) or after the lessor refuses to deliver or takes possession of goods (§ 2A-525 or § 2A-526), or, if agreed, after other default by a lessee, the lessor may dispose of the goods concerned or […]

Section 2A-529 – Lessor’s Action for the Rent

    (1)    After default by the lessee under the lease contract of the type described in § 2A-523(1) or § 2A-523(3)(a) or, if agreed, after other default by the lessee, if the lessor complies with subsection (2), the lessor may recover from the lessee as damages:         (a)    For goods accepted by the lessee and not repossessed by or […]

Section 2A-530 – Lessor’s Incidental Damages

    Incidental damages to an aggrieved lessor include any 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.

Section 2A-531 – Standing to Sue Third Parties for Injury to Goods

    (1)    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 (a) the lessor has a right of action against the third party, and (b) the lessee also has a right of action against the third party if […]

Section 2A-532 – Lessor’s Rights to Residual Interest

    In addition to any other recovery permitted by this title 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.