11 M.R.S. § 2-1512
This is the official text of 11 M.R.S. § 2-1512, part of Maine’s M.R.S — part of the compiled statutory law of Maine, published by the state as "M.R.S." Browse the sections below, each linked to its official government source.
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11 §2-1512. Lessee's duties as to rightfully rejected goods
Official statutory text
(1). Except as otherwise provided with respect to goods that threaten to decline in value speedily ( section 2‑1511 ), and subject to any security interest of a lessee ( section 2‑1508, subsection (5) ): (a). The lessee, after rejection of goods in the lessee's possession, shall hold them with reasonable care at the lessor's or supplier's disposition for a reasonable time after the lessee's seasonable notification of rejection; or [PL 1991, c. 805, §4 (NEW).] (b). If the lessor or the supplier gives no instructions within a reasonable time after notification of rejection, the lessee may store the rejected goods for the lessor's or the supplier's account, ship them to the lessor or the supplier or dispose of them for the lessor's or the supplier's account with reimbursement in the manner provided in section 2‑1511 ; but [PL 1991, c. 805, §4 (NEW).] (c). The lessee has no further obligations with regard to goods rightfully rejected. [PL 1991, c. 805, §4 (NEW).] [PL 1991, c. 805, §4 (NEW).]
(2). Action by the lessee pursuant to subsection (1) is not acceptance or conversion. [PL 1991, c. 805, §4 (NEW).]
(2). Action by the lessee pursuant to subsection (1) is not acceptance or conversion. [PL 1991, c. 805, §4 (NEW).]
Status: in_force · Read it on the official government site
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