Oklahoma Statutes

§ 12A-2A-520 — Lessee's incidental and consequential damages.

Oklahoma § 12A-2A-520
JurisdictionOklahoma
Title 12AUniform Commercial Code

This text of Oklahoma § 12A-2A-520 (Lessee's incidental and consequential damages.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Okla. Stat. tit. 12A, § 12A-2A-520 (2026).

Text

LESSEE'S INCIDENTAL AND CONSEQUENTIAL DAMAGES (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 warra

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Legislative History

Added by Laws 1988, c. 86, § 67, eff. Nov. 1, 1988.

Nearby Sections

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Bluebook (online)
Oklahoma § 12A-2A-520, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/12A/12A-2A-520.