174-1962-2A-5 - PART 5 DEFAULT (440.2951...440.2982)
- Section 440.2951 - Default; rights and remedies; self-help; enforcement covering real property and goods.
- Section 440.2952 - Notice of default or enforcement.
- Section 440.2953 - Default; rights and remedies provided in lease agreement; optional remedies; liquidation, limitation, alteration or exclusion of consequential damages; collateral or ancillary oblig
- Section 440.2954 - Liquidation of damages; reasonableness; restitution; setoff.
- Section 440.2955 - Cancellation or termination of lease contract; discharge of executory obligations; material misrepresentation or fraud; rescission, rejection, or return of goods as bar to rights or
- Section 440.2956 - Default; commencement and accrual of action; effect of termination; applicability of section to tolling of statute of limitations or causes of action accrued before effective date o
- Section 440.2957 - Damages based on market rent.
- Section 440.2958 - Default by lessor; rights and remedies; breach of warranty; security interest for rent, security, and expenses; deduction of damages from rent due.
- Section 440.2959 - Failure of goods or tender or delivery to conform to lease contract; rights of lessee; effectiveness of rejection of goods.
- Section 440.2960 - Installment lease contract; rejecting nonconforming delivery; conditions requiring acceptance; reinstatement of lease contract.
- Section 440.2961 - Rejection of goods in merchant lessee's possession or control; duties of merchant lessee; right to reimbursement; good faith conduct; purchaser in good faith.
- Section 440.2962 - Rejection of goods in lessee's possession; rights and obligations of lessee.
- Section 440.2963 - Rejection of goods before expiration of time for performance; rights of lessor or supplier.
- Section 440.2964 - Rejection of goods; failure of lessee to state a particular defect or reserve rights when paying consideration against documents; effect.
- Section 440.2965 - Acceptance of goods; opportunity to inspect; conduct; accepting part of unit.
- Section 440.2966 - Acceptance of goods; rent; revocation prohibited; exception; acceptance of tender; effect of suit against lessee for breach of warranty or other obligation; infringement.
- Section 440.2967 - Revoking acceptance of nonconforming lot or commercial unit; conditions; notification; rights and duties of lessee.
- Section 440.2968 - Default by lessor; cover; damages.
- Section 440.2969 - Nondelivery or repudiation by lessor; rejection or revocation of acceptance by lessee; damages; measure of damages for market rent, nonconforming tender or delivery, or breach of wa
- Section 440.2970 - Default by lessor; incidental and consequential damages.
- Section 440.2971 - Specific performance.
- Section 440.2972 - Insolvency of lessor; recovery of conforming goods after receipt of first installment of rent and security.
- Section 440.2973 - Wrongful rejection or revocation; failure to make payment; repudiation; default; rights of lessor; damages; cancellation of lease.
- Section 440.2974 - Additional rights of lessor aggrieved under MCL 440.2973(1).
- Section 440.2975 - Insolvency of lessee; refusal to deliver goods; possession, availability, or disposition of goods; proceeding without judicial process.
- Section 440.2976 - Insolvency of lessee; stopping delivery of goods in possession of bailee; conditions; notification; liability for damages; obligation of carrier.
- Section 440.2977 - Default; disposition of goods; damages based on new lease agreement; rights of subsequent good faith buyer or lessee; accounting for profit.
- Section 440.2978 - Retention or disposition of goods by lessor; damages.
- Section 440.2979 - Default by lessee; damages; holding identified goods for remaining lease term; disposition of goods by lessor; use and possession of goods by lessee; rent.
- Section 440.2980 - Incidental damages.
- Section 440.2981 - Third party causing injury.
- Section 440.2982 - Additional damages.