New York § 2-A-532 Lessor's Rights to Residual Interest

New York Statutes

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

New York § 2-A-532

Law UCCUniform Commercial Code

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

Art. 2-ALeases

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Bluebook

N.Y. Uniform Commercial Code § 2-A-532 (2026).

Text

Section 2-A-532. Lessor's Rights to Residual Interest.\n  In addition to any other recovery permitted by this Article or other\nlaw, the lessor may recover from the lessee an amount that will fully\ncompensate the lessor for any loss of or damage to the lessor's residual\ninterest in the goods caused by the default of the lessee.\n

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