680.522 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 (s. 680.217) 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 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.
History.—s. 1, ch. 90-278.
Section: Previous 680.515 680.516 680.517 680.518 680.519 680.52 680.521 680.522 680.523 680.524 680.525 680.526 680.527 680.528 680.529 NextLast modified: September 23, 2016