§ 6A-2.1-510. Installment lease contracts: Rejection and default.
(1) Under an installment lease contract a lessee may reject any delivery that is nonconforming if the nonconformity substantially impairs the value of that delivery and cannot be cured or the nonconformity is a defect in the required documents; but if the nonconformity does not fall within subsection (2) and the lessor or the supplier gives adequate assurance of its cure, the lessee must accept that delivery.
(2) Whenever nonconformity or default with respect to one or more deliveries substantially impairs the value of the installment lease contract as a whole there is a default with respect to the whole. But, the aggrieved party reinstates the installment lease contract as a whole if the aggrieved party accepts a nonconforming delivery without seasonably notifying of cancellation or brings an action with respect only to past deliveries or demands performance as to future deliveries.
History of Section.P.L. 1991, ch. 305, § 1.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Section 6A-2.1-508. - Lessee’s remedies.
Section 6A-2.1-509. - Lessee’s rights on improper delivery — Rightful rejection.
Section 6A-2.1-510. - Installment lease contracts: Rejection and default.
Section 6A-2.1-511. - Merchant lessee’s duties as to rightfully rejected goods.
Section 6A-2.1-512. - Lessee’s duties as to rightfully rejected goods.
Section 6A-2.1-513. - Cure by lessor of improper tender or delivery — Replacement.
Section 6A-2.1-514. - Waiver of lessee’s objections.
Section 6A-2.1-515. - Acceptance of goods.
Section 6A-2.1-517. - Revocation of acceptance of goods.
Section 6A-2.1-518. - Cover — Substitute goods.
Section 6A-2.1-520. - Lessee’s incidental and consequential damages.
Section 6A-2.1-521. - Lessee’s right to specific performance or replevin.
Section 6A-2.1-522. - Lessee’s right to goods on lessor’s insolvency.