Commercial Code § 10532

ARTICLE 3. Default by Lessee

Current as of September 28, 2026Com. Code, § 10532Official source ↗

Amended by Stats. 1991, Ch. 111, Sec. 69. Effective July 15, 1991.

In addition to any other recovery permitted by this division 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.