☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

Effective - 28 Aug 1992 bottom

  400.2A-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 the rent and security for goods identified to a lease contract (Section 400.2A-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 ten 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.

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(L. 1992 S.B. 448)


---- end of effective   28 Aug 1992 ----

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