In addition to any other necessary recovery permitted by this article or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss or damage to the lessor’s residual interest in the goods caused by the default of the lessee.
(July 22, 1992, D.C. Law 9-128, § 2(b), 39 DCR 3830.)
1981 Ed., § 28:2A-532.
Uniform Statutory Source: None.
This section recognizes the right of the lessor to recover under this Article (as well as under other law) from the lessee for failure to comply with the lease obligations as to the condition of leased goods when returned to the lessor, for failure to return the goods at the end of the lease, or for any other default which causes loss or injury to the lessor’s residual interest in the goods.
Structure District of Columbia Code
Title 28 - Commercial Instruments and Transactions. [Enacted title]
Subtitle I - Uniform Commercial Code
§ 28:2A–523. Lessor’s remedies
§ 28:2A–524. Lessor’s right to identify goods to lease contract
§ 28:2A–525. Lessor’s right to possession of goods
§ 28:2A–526. Lessor’s stoppage of delivery in transit or otherwise
§ 28:2A–527. Lessor’s rights to dispose of goods
§ 28:2A–528. Lessor’s damages for nonacceptance, failure to pay, repudiation, or other default
§ 28:2A–529. Lessor’s action for the rent
§ 28:2A–530. Lessor’s incidental damages
§ 28:2A–531. Standing to sue third parties for injury to goods