Alabama Statutes

§ 7-2A-532 — Lessor’s Rights to Residual Interest

Alabama·Title 7 Commercial Code·Art. 2A Leases·Div. C Default by Lessee·Part 5 Default
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.

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Alabama § 7-2A-532 (Lessor’s Rights to Residual Interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1992, 2nd Ex. Sess., No. 92-700, p. 92, §532.)

Nearby Sections

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