State Codes and Statutes

Statutes > Virginia > Title-8-2a > Part-5 > 8-2a-512

§ 8.2A-512. Lessee's duties as to rightfully rejected goods.

(1) Except as otherwise provided with respect to goods that threaten todecline in value speedily (§ 8.2A-511) and subject to any security interestof a lessee (subsection (5) of § 8.2A-508):

(a) The lessee, after rejection of goods in the lessee's possession, shallhold them with reasonable care at the lessor's or the supplier's dispositionfor a reasonable time after the lessee's seasonable notification of rejection;

(b) If the lessor or the supplier gives no instructions within a reasonabletime after notification of rejection, the lessee may store the rejected goodsfor the lessor's or the supplier's account or ship them to the lessor or thesupplier or dispose of them for the lessor's or the supplier's account withreimbursement in the manner provided in § 8.2A-511; but

(c) The lessee has no further obligations with regard to goods rightfullyrejected.

(2) Action by the lessee pursuant to subsection (1) of this section is notacceptance or conversion.

(1991, c. 536.)

State Codes and Statutes

Statutes > Virginia > Title-8-2a > Part-5 > 8-2a-512

§ 8.2A-512. Lessee's duties as to rightfully rejected goods.

(1) Except as otherwise provided with respect to goods that threaten todecline in value speedily (§ 8.2A-511) and subject to any security interestof a lessee (subsection (5) of § 8.2A-508):

(a) The lessee, after rejection of goods in the lessee's possession, shallhold them with reasonable care at the lessor's or the supplier's dispositionfor a reasonable time after the lessee's seasonable notification of rejection;

(b) If the lessor or the supplier gives no instructions within a reasonabletime after notification of rejection, the lessee may store the rejected goodsfor the lessor's or the supplier's account or ship them to the lessor or thesupplier or dispose of them for the lessor's or the supplier's account withreimbursement in the manner provided in § 8.2A-511; but

(c) The lessee has no further obligations with regard to goods rightfullyrejected.

(2) Action by the lessee pursuant to subsection (1) of this section is notacceptance or conversion.

(1991, c. 536.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-8-2a > Part-5 > 8-2a-512

§ 8.2A-512. Lessee's duties as to rightfully rejected goods.

(1) Except as otherwise provided with respect to goods that threaten todecline in value speedily (§ 8.2A-511) and subject to any security interestof a lessee (subsection (5) of § 8.2A-508):

(a) The lessee, after rejection of goods in the lessee's possession, shallhold them with reasonable care at the lessor's or the supplier's dispositionfor a reasonable time after the lessee's seasonable notification of rejection;

(b) If the lessor or the supplier gives no instructions within a reasonabletime after notification of rejection, the lessee may store the rejected goodsfor the lessor's or the supplier's account or ship them to the lessor or thesupplier or dispose of them for the lessor's or the supplier's account withreimbursement in the manner provided in § 8.2A-511; but

(c) The lessee has no further obligations with regard to goods rightfullyrejected.

(2) Action by the lessee pursuant to subsection (1) of this section is notacceptance or conversion.

(1991, c. 536.)