Indiana § 26-1-2.1-520 Lessee's incidental and consequential damages

Indiana Statutes

§ 26-1-2.1-520 — Lessee's incidental and consequential damages

Indiana § 26-1-2.1-520

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 2.1Leases

This text of Indiana § 26-1-2.1-520 (Lessee's incidental and consequential damages) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-2.1-520 (2026).

Text

(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.

Free access — add to your briefcase to read the full text and ask questions with AI

(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.