2019 Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 12 - UNIFORM COMMERCIAL CODE — LEASES
Part 5 - DEFAULT
Section 28-12-532 - LESSOR’S RIGHTS TO RESIDUAL INTEREST.

Universal Citation: ID Code § 28-12-532 (2019)

28-12-532. LESSOR’S RIGHTS TO RESIDUAL INTEREST. In addition to any other recovery permitted in this chapter 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.

History:

[28-12-532, added 1993, ch. 287, sec. 1, p. 1013.]

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