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§12A-2A-522.
§12A-2A-522.
LESSEE'S RIGHT TO GOODS ON LESSOR'S INSOLVENCY
(1) Subject to subsection (2) of this section 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 26 of this act) 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 (10) 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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