reglab/housing_qa huggingface dataset:
9 V.S.A. § 2A-524
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-524. Lessor's right to identify goods to lease contract

§ 2A-524. Lessor's right to identify goods to lease contract|(1) After default by the lessee under the lease contract of the type described in section 2A- 523(1) or 2A- 523(3)(a) of this title or, if agreed, after other default by the lessee, the lessor may:  (a) identify to the lease contract conforming goods not already identified if at the time the lessor learned of the default they were in the lessor's or the supplier's possession or control; and (b) dispose of goods (§ 2A- 527(1)) that demonstrably have been intended for the particular lease contract even though those goods are unfinished.   (2) If the goods are unfinished, in the exercise of reasonable commercial judgment for the purposes of avoiding loss and of effective realization, an aggrieved lessor or the supplier may either complete manufacture and wholly identify the goods to the lease contract or cease manufacture and lease, sell, or otherwise dispose of the goods for scrap or salvage value or proceed in any other reasonable manner. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)
9 V.S.A. § 2A-525
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-525. Lessor's right to possession of goods

§ 2A-525. Lessor's right to possession of goods|(1) If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the goods.(2) After a default by the lessee under the lease contract of the type described in section 2A- 523(1) or 2A- 523(3)(a) of this title or, if agreed, after other default by the lessee, the lessor has the right to take possession of the goods. If the lease contract so provides, the lessor may require the lessee to assemble the goods and make them available to the lessor at a place to be designated by the lessor which is reasonably convenient to both parties. Without removal, the lessor may render unusable any goods employed in trade or business, and may dispose of goods on the lessee's premises (§ 2A- 527).(3) The lessor may proceed under subsection (2) without judicial process if it can be done without breach of the peace or the lessor may proceed by action. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)
9 V.S.A. § 2A-526
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-526. Lessor's stoppage of delivery in transit or otherwise

§ 2A-526. Lessor's stoppage of delivery in transit or otherwise|(1) A lessor may stop delivery of goods in the possession of a carrier or other bailee if the lessor discovers the lessee to be insolvent and may stop delivery of carload, truckload, planeload, or larger shipments of express or freight if the lessee repudiates or fails to make a payment due before delivery, whether for rent, security or otherwise under the lease contract, or for any other reason the lessor has a right to withhold or take possession of the goods.(2) In pursuing its remedies under subsection (1) of this section, the lessor may stop delivery until:  (a) receipt of the goods by the lessee; (b) acknowledgment to the lessee by any bailee of the goods, except a carrier, that the bailee holds the goods for the lessee; or (c) such an acknowledgment to the lessee by a carrier via reshipment or as a warehouse.   (3)(a) To stop delivery, a lessor shall so notify as to enable the bailee by reasonable diligence to prevent delivery of the goods.  (b) After notification, the bailee shall hold and deliver the goods according to the directions of the lessor, but the lessor is liable to the bailee for any ensuing charges or damages. (c) A carrier who has issued a nonnegotiable bill of lading is not obliged to obey a notification to stop received from a person other than the consignor. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995; amended 2015, No. 51, § B.6, eff. June 3, 2015.)
9 V.S.A. § 2A-527
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-527. Lessor's rights to dispose of goods

§ 2A-527. Lessor's rights to dispose of goods|(1) After a default by a lessee under the lease contract of the type described in section 2A- 523(1) or 2A- 523(3)(a) of this title or after the lessor refuses to deliver or takes possession of goods (§ 2A- 525 or 2A- 526), or, if agreed, after other default by a lessee, the lessor may dispose of the goods concerned or the undelivered balance thereof by lease, sale, or otherwise.(2) Except as otherwise provided with respect to damages liquidated in the lease agreement (§ 2A- 504) or otherwise determined pursuant to agreement of the parties (§§ 1- 302 and 2A- 503), if the disposition is by lease agreement substantially similar to the original lease agreement and the new lease agreement is made in good faith and in a commercially reasonable manner, the lessor may recover from the lessee as damages (i) accrued and unpaid rent as of the date of the commencement of the term of the new lease agreement, (ii) the present value, as of the same date, of the total rent for the then remaining lease term of the original lease agreement minus the present value, as of the same date, of the rent under the new lease agreement applicable to that period of the new lease term which is comparable to the then remaining term of the original lease agreement, and (iii) any incidental damages allowed under section 2A- 530 of this title, less expenses saved in consequence of the lessee's default.(3) If the lessor's disposition is by lease agreement that for any reason does not qualify for treatment under subsection (2) of this section, or is by sale or otherwise, the lessor may recover from the lessee as if the lessor had elected not to dispose of the goods and section 2A- 528 of this title governs.(4) A subsequent buyer or lessee who buys or leases from the lessor in good faith for value as a result of a disposition under this section takes the goods free of the original lease contract and any rights of the original lessee even though the lessor fails to comply with one or more of the requirements of this article.(5) The lessor is not accountable to the lessee for any profit made on any disposition. A lessee who has rightfully rejected or justifiably revoked acceptance shall account to the lessor for any excess over the amount of the lessee's security interest (§ 2A- 508(5)). (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995; amended 2007, No. 99 (Adj. Sess.), § 9.)
9 V.S.A. § 2A-528
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-528. Lessor's damages for non-acceptance, failure to pay, repudiation, or other default

§ 2A-528. Lessor's damages for non-acceptance, failure to pay, repudiation, or other default|(1) Except as otherwise provided with respect to damages liquidated in the lease agreement (§ 2A- 504) or otherwise determined pursuant to agreement of the parties (§§ 1- 302 and 2A- 503), if a lessor elects to retain the goods or a lessor elects to dispose of the goods and the disposition is by lease agreement that for any reason does not qualify for treatment under section 2A- 527(2) of this title, or is by sale or otherwise, the lessor may recover from the lessee as damages for a default of the type described in section 2A- 523(1) or 2A- 523(3)(a) of this title, or, if agreed, for other default of the lessee, (i) accrued and unpaid rent as of the date of default if the lessee has never taken possession of the goods, or, if the lessee has taken possession of the goods, as of the date the lessor repossesses the goods or an earlier date on which the lessee makes a tender of the goods to the lessor, (ii) the present value as of the date determined under clause (i) of the total rent for the then remaining lease term of the original lease agreement minus the present value as of the same date of the market rent at the place where the goods are located computed for the same lease term, and (iii) any incidental damages allowed under section 2A- 530 of this title, less expenses saved in consequence of the lessee's default.(2) If the measure of damages provided in subsection (1) of this section is inadequate to put a lessor in as good a position as performance would have, the measure of damages is the present value of the profit, including reasonable overhead, the lessor would have made from full performance by the lessee, together with any incidental damages allowed under section 2A- 530 of this title, due allowance for costs reasonably incurred and due credit for payments or proceeds of disposition. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995; amended 2007, No. 99 (Adj. Sess.), § 10.)
9 V.S.A. § 2A-529
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-529. Lessor's action for the rent

§ 2A-529. Lessor's action for the rent|(1) After default by the lessee under the lease contract of the type described in section 2A- 523(1) or 2A- 523(3)(a) of this title or, if agreed, after other default by the lessee, if the lessor complies with subsection (2) of this section, the lessor may recover from the lessee as damages:  (a) for goods accepted by the lessee and not repossessed by or tendered to the lessor, and for conforming goods lost or damaged within a commercially reasonable time after risk of loss passes to the lessee (§ 2A- 219), (i) accrued and unpaid rent as of the date of entry of judgment in favor of the lessor, (ii) the present value as of the same date of the rent for the then remaining lease term of the lease agreement, and (iii) any incidental damages allowed under section 2A- 530 of this title, less expenses saved in consequence of the lessee's default; and (b) for goods identified to the lease contract if the lessor is unable after reasonable effort to dispose of them at a reasonable price or the circumstances reasonably indicate that effort will be unavailing, (i) accrued and unpaid rent as of the date of entry of judgment in favor of the lessor, (ii) the present value as of the same date of the rent for the then remaining lease term of the lease agreement, and (iii) any incidental damages allowed under section 2A- 530 of this title, less expenses saved in consequence of the lessee's default.   (2) Except as provided in subsection (3) of this section, the lessor shall hold for the lessee for the remaining lease term of the lease agreement any goods that have been identified to the lease contract and are in the lessor's control.(3) The lessor may dispose of the goods at any time before collection of the judgment for damages obtained pursuant to subsection (1) of this section. If the disposition is before the end of the remaining lease term of the lease agreement, the lessor's recovery against the lessee for damages is governed by section 2A- 527 or 2A- 528 of this title, and the lessor will cause an appropriate credit to be provided against a judgment for damages to the extent that the amount of the judgment exceeds the recovery available pursuant to section 2A- 527 or 2A- 528 of this title.(4) Payment of the judgment for damages obtained pursuant to subsection (1) entitles the lessee to the use and possession of the goods not then disposed of for the remaining lease term of and in accordance with the lease agreement.(5) After default by the lessee under the lease contract of the type described in section 2A- 523(1) or 2A- 523(3)(a) of this title or, if agreed, after other default by the lessee, a lessor who is held not entitled to rent under this section must nevertheless be awarded damages for non-acceptance under section 2A- 527 or 2A- 528 of this title. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)
9 V.S.A. § 2A-530
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-530. Lessor's incidental damages

§ 2A-530. Lessor's incidental damages|Incidental damages to an aggrieved lessor include any commercially reasonable charges, expenses, or commissions incurred in stopping delivery, in the transportation, care and custody of goods after the lessee's default, in connection with return or disposition of the goods, or otherwise resulting from the default. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)
9 V.S.A. § 2A-531
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-531. Standing to sue third parties for injury to goods

§ 2A-531. Standing to sue third parties for injury to goods|(1) If a third party so deals with goods that have been identified to a lease contract as to cause actionable injury to a party to the lease contract (a) the lessor has a right of action against the third party, and (b) the lessee also has a right of action against the third party if the lessee:  (i) has a security interest in the goods; (ii) has an insurable interest in the goods; or (iii) bears the risk of loss under the lease contract or has since the injury assumed that risk as against the lessor and the goods have been converted or destroyed.   (2) If at the time of the injury the party plaintiff did not bear the risk of loss as against the other party to the lease contract and there is no arrangement between them for disposition of the recovery, his or her suit or settlement, subject to his or her own interest, is as a fiduciary for the other party to the lease contract.(3) Either party with the consent of the other may sue for the benefit of whom it may concern. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)
9 V.S.A. § 2A-532
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 2A - Leases|§ 2A-532. Lessor's rights to residual interest

§ 2A-532. Lessor's rights to residual interest|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. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)
9 V.S.A. § 3-101
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 3 - Commercial Paper|§ 3-101. Short title

§ 3-101. Short title|This article may be cited as Uniform Commercial Code- - Negotiable Instruments. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
9 V.S.A. § 3-102
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 3 - Commercial Paper|§ 3-102. Subject matter

§ 3-102. Subject matter|(a) This article applies to negotiable instruments. It does not apply to money, to payment orders governed by Article 4A of this title, or to securities governed by Article 8 of this title.(b) If there is conflict between this article and Article 4 or 9 of this title, Articles 4 and 9 govern.(c) Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this article to the extent of the inconsistency.(d) A negotiable instrument, although subject to this article, is also subject to the consumer protection statutes of this State, or any final consumer protection decision of a court of this State existing on the effective date of this article. In case of a conflict between this article and a consumer protection statute or decision of a court of this State, the statute or decision controls. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
9 V.S.A. § 3-105
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 3 - Commercial Paper|§ 3-105. Issue of instrument

§ 3-105. Issue of instrument|(a) "Issue" means the first delivery of an instrument by the maker or drawer, whether to a holder or nonholder, for the purpose of giving rights on the instrument to any person.(b) An unissued instrument, or an unissued incomplete instrument that is completed, is binding on the maker or drawer, but nonissuance is a defense. An instrument that is conditionally issued or is issued for a special purpose is binding on the maker or drawer, but failure of the condition or special purpose to be fulfilled is a defense.(c) "Issuer" applies to issued and unissued instruments and means a maker or drawer of an instrument. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
9 V.S.A. § 3-106
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 3 - Commercial Paper|§ 3-106. Unconditional promise or order

§ 3-106. Unconditional promise or order|(a) Except as provided in this section, for the purposes of section 3- 104(a) of this title, a promise or order is unconditional unless it states (i) an express condition to payment, (ii) that the promise or order is subject to or governed by another writing, or (iii) that rights or obligations with respect to the promise or order are stated in another writing. A reference to another writing does not of itself make the promise or order conditional.(b) A promise or order is not made conditional (i) by a reference to another writing for a statement of rights with respect to collateral, prepayment, or acceleration, or (ii) because payment is limited to resort to a particular fund or source.(c) If a promise or order requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the promise or order, the condition does not make the promise or order conditional for the purposes of section 3- 104(a) of this title. If the person whose specimen signature appears on an instrument fails to countersign the instrument, the failure to countersign is a defense to the obligation of the issuer, but the failure does not prevent a transferee of the instrument from becoming a holder of the instrument.(d) If a promise or order at the time it is issued or first comes into possession of a holder contains a statement, required by applicable statutory or administrative law, to the effect that the rights of a holder or transferee are subject to claims or defenses that the issuer could assert against the original payee, the promise or order is not thereby made conditional for the purposes of section 3- 104(a) of this title; but if the promise or order is an instrument, there cannot be a holder in due course of the instrument. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
9 V.S.A. § 3-107
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 3 - Commercial Paper|§ 3-107. Instrument payable in foreign money

§ 3-107. Instrument payable in foreign money|Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
9 V.S.A. § 3-108
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 3 - Commercial Paper|§ 3-108. Payable on demand or at definite time

§ 3-108. Payable on demand or at definite time|(a) A promise or order is "payable on demand" if it (i) states that it is payable on demand or at sight, or otherwise indicates that it is payable at the will of the holder, or (ii) does not state any time of payment.(b) A promise or order is "payable at a definite time" if it is payable on elapse of a definite period of time after sight or acceptance or at a fixed date or dates or at a time or times readily ascertainable at the time the promise or order is issued, subject to rights of (i) prepayment, (ii) acceleration, (iii) extension at the option of the holder, or (iv) extension to a further definite time at the option of the maker or acceptor or automatically upon or after a specified act or event.(c) If an instrument, payable at a fixed date, is also payable upon demand made before the fixed date, the instrument is payable on demand until the fixed date and, if demand for payment is not made before that date, becomes payable at a definite time on the fixed date. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
9 V.S.A. § 3-109
2021 Vermont Statutes|Title 9A - Uniform Commercial Code|Article 3 - Commercial Paper|§ 3-109. Payable to bearer or to order

§ 3-109. Payable to bearer or to order|(a) A promise or order is payable to bearer if it:  (1) states that it is payable to bearer or to the order of bearer or otherwise indicates that the person in possession of the promise or order is entitled to payment; (2) does not state a payee; or (3) states that it is payable to or to the order of cash or otherwise indicates that it is not payable to an identified person.   (b) A promise or order that is not payable to bearer is payable to order if it is payable (i) to the order of an identified person or (ii) to an identified person or order. A promise or order that is payable to order is payable to the identified person.(c) An instrument payable to bearer may become payable to an identified person if it is specially indorsed pursuant to section 3- 205(a) of this title. An instrument payable to an identified person may become payable to bearer if it is indorsed in blank pursuant to section 3- 205(b) of this title. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)