California Commercial Code

§ 10508

COM § 10508 Effective Jul 15, 1991Div. 10 · Ch. 5 · Art. 2

Statute text

(a)If a lessor fails to deliver the goods in conformity to the lease contract (Section 10509) or repudiates the lease contract (Section 10402), or a lessee rightfully rejects the goods (Section 10509) or justifiably revokes acceptance of the goods (Section 10517), then with respect to any goods involved, and with respect to all of the goods if under an installment lease contract the value of the whole lease contract is substantially impaired (Section 10510), the lessor is in default under the lease contract and the lessee may:

(1)Cancel the lease contract (subdivision (a) of Section 10505);

(2)Recover so much of the rent and security as has been paid and is just under the circumstances;

…

Legislative history

Amended by Stats. 1991, Ch. 111, Sec. 46. Effective July 15, 1991.