Title 70A, Title 70A: Uniform Commercial Code

70A-2a-507. Proof of market rent -- Time and place. (1) Damages based on market rent as provided in Sectionorare determined according to the rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevaili…

70A-2a-508. Lessee's remedies. (1) If a lessor fails to deliver the goods in conformity to the lease contract as provided in Sectionor repudiates the lease contract as provided in Section, or a lessee rightfully rejects the goods as provided in Sectionor justifiably revokes accep…

70A-2a-509. Lessee's rights on improper delivery -- Rightful rejection. (1) Subject to the provisions of Sectionon default in installment lease contracts, if the goods or the tender or delivery fail in any respect to conform to the lease contract, the lessee may reject or accept …

70A-2a-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 de…

70A-2a-511. Merchant lessee's duties as to rightfully rejected goods. (1) Subject to any security interest of a lessee as provided in Subsection, if a lessor or a supplier has no agent or place of business at the market of rejection, a merchant lessee, after rejection of goods in…

70A-2a-512. Lessee's duties as to rightfully rejected goods. (1) Except as otherwise provided with respect to goods that threaten to decline in value speedily as provided in Sectionand subject to any security interest of a lessee as provided in Subsection: 70A-2a-511 70A-2a-508(5…

70A-2a-513. Cure by lessor of improper tender or delivery -- Replacement. (1) If any tender or delivery by the lessor or the supplier is rejected because it is nonconforming and the time for performance has not yet expired, the lessor or the supplier may seasonably notify the les…

70A-2a-514. Waiver of lessee's objections. (1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default: if, stated seasonably, t…

70A-2a-515. Acceptance of goods. (1) Acceptance of goods occurs after: the lessee has had a reasonable opportunity to inspect the goods and the lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conformin…

70A-2a-516. Effect of acceptance of goods -- Notice of default -- Burden of establishing default after acceptance -- Notice of claim or litigation to person answerable over. (1) A lessee must pay rent for any goods accepted in accordance with the lease contract, with due allowanc…

70A-2a-517. Revocation of acceptance of goods. (1) A lessee may revoke acceptance of a lot or commercial unit whose nonconformity substantially impairs its value to the lessee if the lessee has accepted it: except in the case of a finance lease, on the reasonable assumption that …

70A-2a-518. Cover -- Substitute goods. (1) After default by a lessor under the lease contract of the type described in Section, or if agreed after other default by the lessor, the lessee may cover by making any purchase or lease of or contract to purchase or lease goods in substi…

70A-2a-519. Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods. (1) Except as otherwise provided with respect to damages liquidated in the lease agreement as provided in Sectionor otherwise determined pursuant to agreement o…

70A-2a-520. Lessee's incidental and consequential damages. (1) Incidental damages resulting from a lessor's default include expenses reasonably incurred in inspection, receipt, transportation, and care and custody of goods rightfully rejected or goods the acceptance of which is j…

70A-2a-521. Lessee's right to specific performance or replevin. (1) Specific performance may be decreed if the goods are unique or in other proper circumstances. (2) A decree for specific performance may include any terms and conditions as to payment of the rent, damages, or othe…

70A-2a-522. Lessee's right to goods on lessor's insolvency. (1) Subject to Subsectionand 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 as provided in Sectionon making and keeping …

70A-2a-523. Lessor's remedies. (1) If a lessee wrongfully rejects or revokes acceptance of goods or fails to make a payment when due or repudiates with respect to a part or the whole, then, with respect to any goods involved, and with respect to all of the goods if under an insta…

70A-2a-524. Lessor's right to identify goods to lease contract. (1) A lessor aggrieved under Sectionmay: 70A-2a-523 identify to the lease contract conforming goods not already identified if at the time the lessor learned of the default they were in the lessor's or the supplier's …

70A-2a-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 Section, or if agreed, after the default by the…

70A-2a-526. Lessor's stoppage of delivery in transit or otherwise. (1) A lessor may stop delivery of goods in the possession of a carrier or other bailee if the lessor discovers the lessee to be insolvent and may stop delivery of carload, truckload, planeload, or larger shipments…

70A-2a-527. Lessor's rights to dispose of goods. (1) After a default by a lessee under the lease contract of the type described in Sectionor after the lessor refuses to deliver or takes possession of goods as provided in Sectionor, or if agreed, after other default by a lessee, t…

70A-2a-528. Lessor's damages for nonacceptance, failure to pay, repudiation, or other default. (1) Except as otherwise provided with respect to damages liquidated in the lease agreement as provided in Sectionor otherwise determined pursuant to agreement of the parties as provided…

70A-2a-529. Lessor's damages for lessee's default. (1) After default by the lessee under the lease contract of the type described in Subsectionor, or, if agreed, after any other default by the lessee, if the lessor complies with Subsection, the lessor may recover from the lessee …

70A-2a-530. Lessor's incidental damages. Incidental damages to an aggrieved lessor include any commercially reasonable charges, expenses, or commissions incurred in stopping delivery, in the transportation, care, and custody of goods after the lessee's default, in connection with…

70A-2a-531. Standing to sue third parties for injury to goods. (1) If a third party so deals with goods that have been identified to a lease contract as to cause actionable injury to a party to the lease contract: the lessor has a right of action against the third party; and the …

70A-2a-532. Additional remedies for loss of residual interest. In addition to any other recovery permitted by this chapter, the lessor shall be entitled to recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor's residual i…

70A-2a-533. Effective date. (1) Except as provided in Subsection, this act takes effect on July 1, 1990 and shall apply to all lease contracts that are first made or that first become effective between the parties on or after that date, but shall not apply to lease contracts firs…

70A-2a-534. Other remedies. In addition to the rights and remedies provided for lease agreements and lease disputes in this chapter, a consumer, dealer, lessee, lessor, and manufacturer of assistive technology as defined in Sectionmay exercise rights and seek remedies pursuant to…