Okla. Stat. tit. 12A, § 12A-2A-512
This is the official text of Okla. Stat. tit. 12A, § 12A-2A-512, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Lessee's duties as to rightfully rejected goods
Official statutory text
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 267
LESSEE'S DUTIES AS TO RIGHTFULLY REJECTED GOODS
(1) Except as otherwise provided with respect to goods that
threaten to decline in value speedily (Section 58 of this act) and
subject to any security interest of a lessee (subsection (5) of
Section 55 of this act):
(a) the lessee, after rejection of goods in the
lessee's possession, shall hold them with reasonable care at the
lessor's or the supplier's disposition for a reasonable time after
the lessee's seasonable notification of rejection;
(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 or 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 58 of this act; but
(c) the lessee has no further obligations with regard to goods
rightfully rejected. (2) Action by the lessee pursuant to
subsection (1) of this section is not acceptance or conversion.
LESSEE'S DUTIES AS TO RIGHTFULLY REJECTED GOODS
(1) Except as otherwise provided with respect to goods that
threaten to decline in value speedily (Section 58 of this act) and
subject to any security interest of a lessee (subsection (5) of
Section 55 of this act):
(a) the lessee, after rejection of goods in the
lessee's possession, shall hold them with reasonable care at the
lessor's or the supplier's disposition for a reasonable time after
the lessee's seasonable notification of rejection;
(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 or 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 58 of this act; but
(c) the lessee has no further obligations with regard to goods
rightfully rejected. (2) Action by the lessee pursuant to
subsection (1) of this section is not acceptance or conversion.
Status: in_force · Read it on the official government site
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