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N.Y. UCC Law § 2-A-525

This is the official text of N.Y. UCC Law § 2-A-525, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.

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Lessor's Right to Possession of Goods

Official statutory text

Section 2-A-525. Lessor's Right to Possession of Goods.\n (1) If a lessor discovers the lessee to be insolvent, the lessor may\nrefuse to deliver the goods.\n (2) After a default by the lessee under the lease contract of the type\ndescribed in Section 2-A-523(1) or 2-A-523(3)(a) or, if agreed, after\nother default by the lessee, the lessor has the right to take possession\nof the goods. If the lease contract so provides, the lessor may require\nthe lessee to assemble the goods and make them available to the lessor\nat a place to be designated by the lessor which is reasonably convenient\nto both parties. Without removal, the lessor may render unusable any\ngoods employed in trade or business, and may dispose of goods on the\nlessee's premises (Section 2-A-527).\n (3) The lessor may proceed under subsection (2) without judicial\nprocess if it can be done without breach of the peace or the lessor may\nproceed by action.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.