Texas Business & Commerce Code

§ 2A.508 — LESSEE'S REMEDIES

BC § 2A.508Title 1. UNIFORM COMMERCIAL CODE · Ch. 2A. LEASES · Art. E. DEFAULT

Statute text

(a)If a lessor fails to deliver the goods in conformity to the lease contract (Section 2A.509) or repudiates the lease contract (Section 2A.402), or a lessee rightfully rejects the goods (Section 2A.509) or justifiably revokes acceptance of the goods (Section 2A.517), then with respect to any goods involved, and with respect to all of the goods if under an installment lease contract and the value of the whole lease contract is substantially impaired (Section 2A.510), the lessor is in default under the lease contract and the lessee may:

(1)cancel the lease contract (Section 2A.505(a));

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

(3)cover and recover damages as to all goods affected whether or not they have been identified to the lease contract (Sections 2A.518 and 2A.520), or recover damages for nondelivery (Sections 2A.519 and 2A.520); or

(4)exercise any other rights or pursue any other remedies provided in the lease contract.

(b)If a lessor fails to deliver the goods in conformity to the lease contract or repudiates the lease contract, the lessee may also:

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Legislative history

Added by Acts 1993, 73rd Leg., ch. 570, Sec. 1, eff. Sept. 1, 1993.