Recovery by Lessor for Loss of or Damage to Residual Interest

Checkout our iOS App for a better way to browser and research.

Sec. 532. In addition to any other recovery permitted by IC 26-1-2.1 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.

As added by P.L.189-1991, SEC.3.


Download our app to see the most-to-date content.