KRS 355.2A-512: Lessee's duties as to rightfully rejected goods.
Where this section sits in the code
(1) Except as otherwise provided with respect to goods that threaten to decline in value
speedily (KRS 355.2A -511) and subject to any security interest of a lessee
(subsection (5) of KRS 355.2A-508):
(a) The lessee, after rejection of goods in the lessee's pos session, 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 KRS 355.2A-511; but
(c) The lessee has no further obligations with regard to goods rightfully rejected.
(2) Action by the lessee pursuant to subsection (1) is not acceptance or conversion.
Collected 2026-09-05T20:58:43Z. Source file · JSON