New York Laws
Part 5 - Default
2-A-532 - Lessor's Rights to Residual Interest.


In addition to any other 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 of or damage to the lessor's residual
interest in the goods caused by the default of the lessee.

Structure New York Laws

New York Laws

UCC - Uniform Commercial Code

Article 2-A - Leases

Part 5 - Default

2-A-501 - Default: Procedure.

2-A-502 - Notice After Default.

2-A-503 - Modification or Impairment of Rights and Remedies.

2-A-504 - Liquidation of Damages.

2-A-505 - Cancellation and Termination and Effect of Cancellation, Termination, Rescission, or Fraud on Rights and Remedies.

2-A-506 - Statute of Limitations.

2-A-507 - Proof of Market Rent: Time and Place.

2-A-508 - Lessee's Rememdies.

2-A-509 - Lessee's Rights on Improper Delivery: Rightful Rejection.

2-A-510 - Installment Lease Contracts: Rejection and Default.

2-A-511 - Merchant Lessee's Duties as to Rightfully Rejected Goods.

2-A-512 - Lessee's Duties as to Rightfully Rejected Goods.

2-A-513 - Cure by Lessor of Improper Tender or Delivery; Replacement.

2-A-514 - Waiver of Lessee's Objections.

2-A-515 - Acceptance of Goods.

2-A-516 - Effect of Acceptance of Goods; Notice of Default; Burden of Establishing Default After Acceptance; Notice of Claim or Litigation to Person Answerable

2-A-517 - Revocation of Acceptance of Goods.

2-A-518 - Cover; Substitute Goods.

2-A-519 - Lessee's Damages for Non-Delivery, Repudiation, Default, and Breach of Warranty in Regard to Accepted Goods.

2-A-520 - Lessee's Incidental and Consequential Damages.

2-A-521 - Lessee's Right to Specific Performance or Replevin.

2-A-522 - Lessee's Right to Goods on Lessor's Insolvency.

2-A-523 - Lessor's Remedies.

2-A-524 - Lessor's Right to Identify Goods to Lease Contract.

2-A-525 - Lessor's Right to Possession of Goods.

2-A-526 - Lessor's Stoppage of Delivery in Transit or Otherwise.

2-A-527 - Lessor's Rights to Dispose of Goods.

2-A-528 - Lessor's Damages for Non-Acceptance, Failure to Pay, Repudiation, or Other Default.

2-A-529 - Lessor's Action for the Rent.

2-A-530 - Lessor's Incidental Damages.

2-A-531 - Standing to Sue Third Parties for Injury to Goods.

2-A-532 - Lessor's Rights to Residual Interest.