§ 6A-2.1-525. 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.
(2) After a default by the lessee under the lease contract of the type described in § 6A-2.1-523(1) or 6A-2.1-523(3)(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 which 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 (§ 6A-2.1-527).
(3) The lessor may proceed under subsection (2) without judicial process if it can be done without breach of the peace, or the lessor may proceed by action.
History of Section.P.L. 1991, ch. 305, § 1.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Section 6A-2.1-523. - Lessor’s remedies.
Section 6A-2.1-524. - Lessor’s right to identify goods to lease contract.
Section 6A-2.1-525. - Lessor’s right to possession of goods.
Section 6A-2.1-526. - Lessor’s stoppage of delivery in transit or otherwise.
Section 6A-2.1-527. - Lessor’s rights to dispose of goods.
Section 6A-2.1-529. - Lessor’s action for the rent.
Section 6A-2.1-530. - Lessor’s incidental damages.
Section 6A-2.1-531. - Standing to sue third parties for injury to goods.