Alabama Statutes

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

Alabama § 7-2A-532
JurisdictionAlabama
Title 7Commercial Code
Art. 2ALeases
Div. CDefault by Lessee
Part 5Default

This text of Alabama § 7-2A-532 (Lessor’s Rights to Residual Interest) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 7-2A-532 (2026).

Text

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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Legislative History

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

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Bluebook (online)
Alabama § 7-2A-532, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/7-2A-532.