Pennsylvania Statutes

§ 2A503 — Modification or impairment of rights and remedies

Pennsylvania § 2A503
JurisdictionPennsylvania
Title 13COMMERCIAL CODE
Ch. 2A5DEFAULT
Subch.IN GENERAL

This text of Pennsylvania § 2A503 (Modification or impairment of rights and remedies) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
13 Pa. Cons. Stat. § 2A503 (2026).

Text

(a)Provisions in lease agreements.--Except as otherwise provided in this division, the lease agreement may include rights and remedies for default in addition to or in substitution for those provided in this division and may limit or alter the measure of damages recoverable under this division.
(b)Specified remedy construed as optional.--Resort to a remedy provided under this division or in the lease agreement is optional unless the remedy is expressly agreed to be exclusive. If circumstances cause an exclusive or limited remedy to fail of its essential purpose, or provision for an exclusive remedy is unconscionable, remedy may be had as provided in this division.
(c)Consequential damages.--Consequential damages may be liquidated under section 2A504 (relating to liquidation of damages

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Legislative History

Cross References.Section 2A503 is referred to in sections 2A518, 2A519, 2A527 of this title.

Nearby Sections

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Bluebook (online)
Pennsylvania § 2A503, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/13/2A503.