Code of Alabama

Ala. Code § 7-2A-532 (2026)

Lessor’s Rights to Residual Interest.

✓ official Alabama Legislature (ALISON) text, current July 2026
Find cases: SyfertCases citing this section JustiaAla. Code CornellLII Search CasesGoogle Scholar

In addition to any other recovery permitted by this article or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor’s residual interest in the goods caused by the default of the lessee.

(Acts 1992, 2nd Ex. Sess., No. 92-700, p. 92, §532.)