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Statutes > New York Laws > UCC - Uniform Commercial Code > Article 2-A - LEASES > Part 5 - (2-A-501 - 2-A-532) DEFAULT > 2-A-532 - Lessor's Rights to Residual Interest.

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NEW YORK STATUTES AND CODES

2-A-532 - Lessor's Rights to Residual Interest.

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.

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