Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 2A5 - Default
Section 2A532 - Lessor's rights to residual interest

§ 2A532. Lessor's rights to residual interest. In addition to any other recovery permitted by this division 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 Pennsylvania Consolidated & Unconsolidated Statutes

Pennsylvania Consolidated & Unconsolidated Statutes

Title 13 - COMMERCIAL CODE

Chapter 2A5 - Default

Extra - Chapter Notes

Section 2A501 - Default: procedure

Section 2A502 - Notice after default

Section 2A503 - Modification or impairment of rights and remedies

Section 2A504 - Liquidation of damages

Section 2A505 - Cancellation and termination and effect of cancellation, termination, rescission or fraud on rights and remedies

Section 2A506 - Statute of limitations

Section 2A507 - Proof of market rent: time and place

Section 2A508 - Lessee's remedies

Section 2A509 - Lessee's rights on improper delivery; rightful rejection

Section 2A510 - Installment lease contracts: rejection and default

Section 2A511 - Merchant lessee's duties as to rightfully rejected goods

Section 2A512 - Lessee's duties as to rightfully rejected goods

Section 2A513 - Cure by lessor of improper tender or delivery; replacement

Section 2A514 - Waiver of lessee's objections

Section 2A515 - Acceptance of goods

Section 2A516 - Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over

Section 2A517 - Revocation of acceptance of goods

Section 2A518 - Cover; substitute goods

Section 2A519 - Lessee's damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods

Section 2A520 - Lessee's incidental and consequential damages

Section 2A521 - Lessee's right to specific performance or replevin

Section 2A522 - Lessee's right to goods on lessor's insolvency

Section 2A523 - Lessor's remedies

Section 2A524 - Lessor's right to identify goods to lease contract

Section 2A525 - Lessor's right to possession of goods

Section 2A526 - Lessor's stoppage of delivery in transit or otherwise

Section 2A527 - Lessor's rights to dispose of goods

Section 2A528 - Lessor's damages for nonacceptance, failure to pay, repudiation or other default

Section 2A529 - Lessor's action for the rent

Section 2A530 - Lessor's incidental damages

Section 2A531 - Standing to sue third parties for injury to goods

Section 2A532 - Lessor's rights to residual interest