Maine Revised Statutes
Part 5: DEFAULT
11 §2-1525. Lessor's right to possession of goods

§2-1525. Lessor's right to possession of goods
(1).  If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the goods.  
[PL 1991, c. 805, §4 (NEW).]
(2).  After a default by the lessee under the lease contract of the type described in section 2‑1523, subsection (1) or section 2‑1523, subsection (3), paragraph (a) or, if agreed, after other default by the lessee, the lessor has the right to take possession of the goods. If the lease contract so provides, the lessor may require the lessee to assemble the goods and make them available to the lessor at a place to be designated by the lessor that is reasonably convenient to both parties. Without removal, the lessor may render unusable any goods employed in trade or business, and may dispose of goods on the lessee's premises (section 2‑1527).  
[PL 1991, c. 805, §4 (NEW).]
(3).  The lessor may proceed under subsection (2) without judicial process if possible without breach of the peace or the lessor may proceed by action.  
[PL 1991, c. 805, §4 (NEW).]
SECTION HISTORY
PL 1991, c. 805, §4 (NEW). RR 2003, c. 1, §6 (COR).

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 11: UNIFORM COMMERCIAL CODE

Article 2-A: LEASES

Part 5: DEFAULT

11 §2-1501. Default; procedure

11 §2-1502. Notice after default

11 §2-1503. Modification or impairment of rights and remedies

11 §2-1504. Liquidation of damages

11 §2-1505. Cancellation and termination and effect of cancellation, termination, rescission or fraud on rights and remedies

11 §2-1506. Statute of limitations

11 §2-1507. Proof of market rent; time and place

11 §2-1508. Lessee's remedies

11 §2-1509. Lessee's rights on improper delivery; rightful rejection

11 §2-1510. Installment lease contracts; rejection and default

11 §2-1511. Merchant lessee's duties as to rightfully rejected goods

11 §2-1512. Lessee's duties as to rightfully rejected goods

11 §2-1513. Cure by lessor of improper tender or delivery; replacement

11 §2-1514. Waiver of lessee's objections

11 §2-1515. Acceptance of goods

11 §2-1516. Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over

11 §2-1517. Revocation of acceptance of goods

11 §2-1518. Cover; substitute goods

11 §2-1519. Lessee's damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods

11 §2-1520. Lessee's incidental and consequential damages

11 §2-1521. Lessee's right to specific performance or replevin

11 §2-1522. Lessee's right to goods on lessor's insolvency

11 §2-1523. Lessor's remedies

11 §2-1524. Lessor's right to identify goods to lease contract

11 §2-1525. Lessor's right to possession of goods

11 §2-1526. Lessor's stoppage of delivery in transit or otherwise

11 §2-1527. Lessor's rights to dispose of goods

11 §2-1528. Lessor's damages for nonacceptance, failure to pay, repudiation or other default

11 §2-1529. Lessor's action for the rent

11 §2-1530. Lessor's incidental damages

11 §2-1531. Standing to sue third parties for injury to goods

11 §2-1532. Lessor's rights to residual interest