Ala. Code § 7-2A-532

Current through the 2024 Regular Session.

Section 7-2A-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.

Ala. Code § 7-2A-532 (1975)

Acts 1992, 2nd Ex. Sess., No. 92-700, p. 92, §532.