Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 2-A-512 — Lessee's Duties as to Rightfully Rejected Goods

N.Y. U.C.C. Law § 2-A-512

Type: Statute
Source: New York Uniform Commercial Code
Jurisdiction: New York
Current through: Nov 5, 2026 (NY Senate Open Legislation)

Section 2-A-512. Lessee's Duties as to Rightfully Rejected Goods.

Citator

N.Y. U.C.C. Law § 2-A-512 — Lessee's Duties as to Rightfully Rejected Goods is in force in the current edition of the Code, and nothing recorded condemns it.

Section 2-A-512. Lessee's Duties as to Rightfully Rejected Goods.

(1) Except as otherwise provided with respect to goods that threaten to decline in value speedily (Section 2-A-511) and subject to any security interest of a lessee (Section 2-A-508(5)):

(a) the lessee, after rejection of goods in the lessee's

possession, shall hold them with reasonable care at the

lessor's or the supplier's disposition for a reasonable time

after the lessee's seasonable notification of rejection;

(b) if the lessor or the supplier gives no instructions within a

reasonable time after notification of rejection, the lessee

may store the rejected goods for the lessor's or the

supplier's account or ship them to the lessor or the supplier

or dispose of them for the lessor's or the supplier's account

with reimbursement in the manner provided in Section 2-A-511;

but

rightfully rejected.

(2) Action by the lessee pursuant to subsection (1) is not acceptance or conversion.