Statute · California Commercial Code

Cal. Com. Code § 10522 — Default by Lessor

Cal. Com. Code § 10522

Type
Statute
Source
California Commercial Code
Jurisdiction
California
Date
1991-07-15
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Subject to subdivision (b) and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract (Section 10217) on making and keeping good a tender of any unpaid portion of the rent and security due under the…

Citator

Cal. Com. Code § 10522 — Default by Lessor is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Subject to subdivision (b) and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract (Section 10217) on making and keeping good a tender of any unpaid portion of the rent and security due under the lease contract may recover the goods identified from the lessor if the lessor becomes insolvent within 10 days after receipt of the first installment of rent and security.

(b) A lessee acquires the right to recover goods identified to a lease contract only if they conform to the lease contract.