Arkansas Code Title 4, Subtitle 1, Chapter 2a - Leases, Part 5 - Default, B Default by Lessor

• § 4-2a-508 - Lessee's Remedies.
  (1) If a lessor fails to deliver the goods in conformity to the lease contract (§ 4-2A-509) or repudiates the lease contract (§ 4-2A-402),...
• § 4-2a-509 - Lessee's Rights on Improper Delivery -- Rightful Rejection.
  (1) Subject to the provisions of § 4-2A-510 on default in installment lease contracts, if the goods or the tender or delivery fail in...
• § 4-2a-510 - Installment Lease Contracts -- Rejection and Default.
  (1) Under an installment lease contract a lessee may reject any delivery that is nonconforming if the nonconformity substantially impairs the value of that...
• § 4-2a-511 - Merchant Lessee's Duties As to Rightfully Rejected Goods.
  (1) Subject to any security interest of a lessee (§ 4-2A-508(5)), if a lessor or a supplier has no agent or place of business...
• § 4-2a-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 (§ 4-2A-511) and subject to any security interest...
• § 4-2a-513 - Cure by Lessor of Improper Tender or Delivery -- Replacement.
  (1) If any tender or delivery by the lessor or the supplier is rejected because nonconforming and the time for performance has not yet...
• § 4-2a-514 - Waiver of Lessee's Objections.
  (1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on...
• § 4-2a-515 - Acceptance of Goods.
  (1) Acceptance of goods occurs after the lessee has had a reasonable opportunity to inspect the goods and (a) the lessee signifies or acts...
• § 4-2a-516 - Effect of Acceptance of Goods -- Notice of Default -- Burden of Establishing Default After Acceptance -- Notice of Claim or Litigation to Person Answerable Over.
  (1) A lessee must pay rent for any goods accepted in accordance with the lease contract, with due allowance for goods rightfully rejected or...
• § 4-2a-517 - Revocation of Acceptance of Goods.
  (1) A lessee may revoke acceptance of a lot or commercial unit whose nonconformity substantially impairs its value to the lessee if the lessee...
• § 4-2a-518 - Cover -- Substitute Goods.
  (1) After a default by a lessor under the lease contract of the type described in § 4-2A-508(1), or, if agreed, after other default...
• § 4-2a-519 - Lessee's Damages for Non-Delivery, Repudiation, Default, and Breach of Warranty in Regard to Accepted Goods.
  (1) Except as otherwise provided with respect to damages liquidated in the lease agreement (§ 4-2A-504) or otherwise determined pursuant to agreement of the...
• § 4-2a-520 - Lessee's Incidental and Consequential Damages.
  (1) Incidental damages resulting from a lessor's default include expenses reasonably incurred in inspection, receipt, transportation, and care and custody of goods rightfully rejected...
• § 4-2a-521 - Lessee's Right to Specific Performance or Replevin.
  (1) Specific performance may be decreed if the goods are unique or in other proper circumstances.(2) A decree for specific performance may include any...
• § 4-2a-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...

Last modified: November 15, 2016