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The Laws of New York
Consolidated Laws of New York
CHAPTER 38
Uniform Commercial Code
ARTICLE 2-A
Leases
PART 5
Default a In General B Default By Lessor C Default By Lessee
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SECTION 2-A-531
Standing to Sue Third Parties for Injury to Goods
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PART 5
Default a In General B Default By Lessor C Default By Lessee
This entry was published on 2014-09-22
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SECTION 2-A-532
Lessor's Rights to Residual Interest
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2-A, PART 5
Section 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.