Illinois Statutes
§ 2A-520 — Lessee's incidental and consequential damages
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 810 COMMERCIAL CODE·Act 810 ILCS 5/ Uniform Commercial Code.·Art. Article 2A - Leases
(1)Incidental damages resulting from a lessor's default include expenses reasonably incurred in inspection, receipt, transportation, and care and custody of goods rightfully rejected or goods the acceptance of which is justifiably revoked, any commercially reasonable charges, expenses, or commissions in connection with effecting cover, and any other reasonable expense incident to the default.
(2)Consequential damages resulting from a lessor's default include:
(a)any loss resulting from general or particular requirements and needs of which the lessor at the time of contracting had reason to know and which could not reasonably be prevented by cover or otherwise; and (b) injury to person or property proximately resulting from any breach of warranty.
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Legislative History
(Source: P.A. 87-493.)
Nearby Sections
15
§ 2A-101
Short title§ 2A-102
Scope§ 2A-104
Leases subject to other law§ 2A-105
§ 2A-105§ 2A-106
§ 2A-106§ 2A-108
Unconscionability§ 2A-109
Option to accelerate at will§ 2A-201
Statute of frauds§ 2A-203
Seals inoperative§ 2A-204
Formation in general§ 2A-205
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