Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 2-A-532 — Lessor's Rights to Residual Interest

N.Y. U.C.C. Law § 2-A-532

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

Section 2-A-532. Lessor's Rights to Residual Interest.

Citator

N.Y. U.C.C. Law § 2-A-532 — Lessor's Rights to Residual Interest is in force in the current edition of the Code, and nothing recorded condemns it.

Section 2-A-532. Lessor's Rights to Residual Interest.

In addition to any other recovery permitted by this Article 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.