New York § 2-A-522 Lessee's Right to Goods on Lessor's Insolvency

New York Statutes

§ 2-A-522 — Lessee's Right to Goods on Lessor's Insolvency

New York § 2-A-522

Law UCCUniform Commercial Code

Part 5Default a In General B Default By Lessor C Default By Lessee

Art. 2-ALeases

This text of New York § 2-A-522 (Lessee's Right to Goods on Lessor's Insolvency) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 2-A-522 (2026).

Text

Section 2-A-522. Lessee's Right to Goods on Lessor's Insolvency.\n  (1) Subject to subsection (2) and even though the goods have not been\nshipped, a lessee who has paid a part or all of the rent and security\nfor goods identified to a lease contract (Section 2-A-217) on making and\nkeeping good a tender of any unpaid portion of the rent and security due\nunder the lease contract may recover the goods identified from the\nlessor if the lessor becomes insolvent within ten days after receipt of\nthe first installment of rent and security.\n  (2) A lessee acquires the right to recover goods identified to a lease\ncontract only if they conform to the lease contract.\n

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Section 2-A-522. Lessee's Right to Goods on Lessor's Insolvency.\n (1) Subject to subsection (2) and even though the goods have not been\nshipped, a lessee who has paid a part or all of the rent and security\nfor goods identified to a lease contract (Section 2-A-217) on making and\nkeeping good a tender of any unpaid portion of the rent and security due\nunder the lease contract may recover the goods identified from the\nlessor if the lessor becomes insolvent within ten days after receipt of\nthe first installment of rent and security.\n (2) A lessee acquires the right to recover goods identified to a lease\ncontract only if they conform to the lease contract.\n