Illinois Statutes
§ 2A-532 — Lessor's rights to residual interest
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 810 COMMERCIAL CODE·Act 810 ILCS 5/ Uniform Commercial Code.·Art. Article 2A - Leases
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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Illinois § 2A-532 (Lessor's rights to residual interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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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