View Our Newest Version Here

2000 Florida Code
TITLE XXXIX COMMERCIAL RELATIONS
Chapter 680 Uniform Commercial Code: Leases  
PART V DEFAULT (ss. 680.501-680.532)
680.512   Lessee's duties as to rightfully rejected goods.

680.512  Lessee's duties as to rightfully rejected goods.--

(1)  Except as otherwise provided with respect to goods that threaten to decline in value speedily (s. 680.511) and subject to any security interest of a lessee (s. 680.508(5)), the lessee, after rejection of goods in the lessee's possession, shall hold them with reasonable care at the lessor's or the supplier's disposition for a reasonable time after the lessee's seasonable notification of rejection. If the lessor or the supplier gives no instructions within a reasonable time after notification of rejection, the lessee may store the rejected goods for the lessor's or the supplier's account or ship them to the lessor or the supplier or dispose of them for the lessor's or the supplier's account with reimbursement in the manner provided in s. 680.511. The lessee has no further obligations with regard to goods rightfully rejected.

(2)  Action by the lessee pursuant to subsection (1) is not acceptance or conversion.

History.--s. 1, ch. 90-278.

Disclaimer: These codes may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.