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2018 Missouri Revised Statutes
Title XXVI - Trade and Commerce
Chapter 400 - Uniform Commercial Code
Section 400.2A-522 Lessee's right to goods on lessor's insolvency.
Universal Citation: MO Rev Stat § 400.2A-522 (2018)
Effective 28 Aug 1992
Title XXVI TRADE AND COMMERCE
Chapter 400400.2A-522. Lessee's right to goods on lessor's insolvency. — (1) Subject to subsection (2) and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract (Section 400.2A-217) on making and keeping good a tender of any unpaid portion of the rent and security due under the lease contract may recover the goods identified from the lessor if the lessor becomes insolvent within ten days after receipt of the first installment of rent and security.
(2) A lessee acquires the right to recover goods identified to a lease contract only if they conform to the lease contract.
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(L. 1992 S.B. 448)
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