§ 6A-2.1-525 - Lessor's right to possession of goods.
SECTION 6A-2.1-525
§ 6A-2.1-525 Lessor's right to possessionof goods. – (1) If a lessor discovers the lessee to be insolvent, the lessor may refuse todeliver the goods.
(2) After a default by the lessee under the lease contract ofthe type described in § 6A-2.1-523(1) or 6A-2.1-523(3)(a) or, if agreed,after other default by the lessee, the lessor has the right to take possessionof the goods. If the lease contract so provides, the lessor may require thelessee to assemble the goods and make them available to the lessor at a placeto be designated by the lessor which is reasonably convenient to both parties.Without removal, the lessor may render unusable any goods employed in trade orbusiness, and may dispose of goods on the lessee's premises (§ 6A-2.1-527).
(3) The lessor may proceed under subsection (2) withoutjudicial process if it can be done without breach of the peace, or the lessormay proceed by action.