Título 11. COMMERCIAL CODE · Capítulo 2A. · Artículo 2A. LEASES · Parte 5. DEFAULT
11-2A-505. Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
- (1)
On cancellation of the lease contract, all obligations that are still executory on both sides are discharged, but any right based on prior default or performance survives, and the canceling party also retains any remedy for default of the whole lease contract or any unperformed balance.#
- (2)
On termination of the lease contract, all obligations that are still executory on both sides are discharged but any right based on prior default or performance survives.#
- (3)
Unless the contrary intention clearly appears, expressions of “cancellation,” “rescission,” or the like of the lease contract may not be construed as a renunciation or discharge of any claim in damages for an antecedent default.#
- (4)
Rights and remedies for material misrepresentation or fraud include all rights and remedies available under this article for default.#
- (5)
Neither rescission nor a claim for rescission of the lease contract nor rejection or return of the goods may bar or be deemed inconsistent with a claim for damages or other right or remedy.#
History
Code 1981, § 11-2A-505, enacted by Ga. L. 1993, p. 633, § 1; Ga. L. 2002, p. 415, § 11.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t11-(v9)-2022-pdf.pdf, Volumen V9, edición 2022, páginas 309 a 310; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.