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.
Miss. Code Ann. § 75-2A-532
Lessor’s rights to residual interest
Known as the Uniform Commercial Code
The act spans §§ 75–75 (480 sections).
Laws, 1994, ch. 445, § 1, eff from and after July 1, 1994.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.