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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS

    Chapter 2a:

      Section: 12A:2a-532: Lessor's rights to residual interest

           12A:2A-532. Lessor's rights to residual interest.



In addition to any other recovery permitted by this chapter 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.

L.1994,c.114,s.1.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 12a:2a-532 (if available):



Court decisions that cite this statute: CLICK HERE.