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AS 45.12.532

Lessor's rights regarding residual interest

Known as the Uniform Commercial Code

The act spans §§ 45–45 (615 sections).

In addition to any other recovery permitted by this chapter 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.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.