Lessor's rights to residual interest.
13 Pa.C.S. § 2A532
in effectIn addition to any other recovery permitted by this division 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. DIVISION 3 NEGOTIABLE INSTRUMENTS Chapter 31. General Provisions and Definitions 32. Negotiation, Transfer and Indorsement 33. Enforcement of Instruments 34. Liability of Parties 35. Dishonor 36. Discharge and Payment
Enactment. Division 3 was added July 9, 1992, P.L.507, No.97, effective in one year. Prior Provisions. Former Division 3, which related to commercial paper, was added November 1, 1979, P.L.255, No.86, and repealed July 9, 1992, P.L.507, No.97, effective in one year.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM&ttl=13Fetched: 10/16/2026
