§ 6A-2.1-522. Lessee’s right to goods on lessor’s insolvency.
(1) Subject to subsection (2) and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract (§ 6A-2.1-217) on making and keeping good a tender of any unpaid portion of the rent and security due under the lease contract may recover the goods identified from the lessor if the lessor becomes insolvent within 10 days after receipt of the first installment of rent and security.
(2) A lessee acquires the right to recover goods identified to a lease contract only if they conform to the lease contract.
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.