reglab/housing_qa huggingface dataset:
810 ILCS 5/2A-524
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-524)Sec. 2A-524.         Lessor's right to identify goods to lease  contract.(1) A lessor aggrieved under Section 2A-523(1) 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 (Section 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.    (Source: P.A. 87-493.)
810 ILCS 5/2A-525
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-525)Sec. 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) 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 (Section 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.    (Source: P.A. 87-493.)
810 ILCS 5/2A-526
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-526)Sec. 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), 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.  (Source: P.A. 95-895, eff. 1-1-09.)
810 ILCS 5/2A-527
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-527)Sec. 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) or after the  lessor refuses to deliver or takes possession of goods (Section 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 (Section 2A-504) or otherwise determined pursuant to  agreement of the parties (Sections 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,  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),  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 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 (Section 2A-508(5)).  (Source: P.A. 95-895, eff. 1-1-09.)
810 ILCS 5/2A-528
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-528)Sec. 2A-528. Lessor's damages for nonacceptance, failure to pay,  repudiation, or other default.(1) Except as otherwise provided with respect to damages liquidated in  the lease agreement (Section 2A-504) or otherwise determined pursuant to  agreement of the parties (Sections 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), 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)  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, less expenses saved in  consequence of the lessee's default.(2) If the measure of damages provided in subsection (1) 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, due  allowance for costs reasonably incurred and due credit for payments or  proceeds of disposition.  (Source: P.A. 95-895, eff. 1-1-09.)
810 ILCS 5/2A-529
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-529)Sec. 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) or, if  agreed, after other default by the lessee, if the lessor complies with  subsection (2), 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 (Section 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, 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, less expenses saved in consequence of the lessee's default.(2) Except as provided in subsection (3), 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).  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, 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.(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 a lessee has wrongfully rejected or revoked  acceptance of goods, has failed to pay rent then due, or has  repudiated (Section 2A-402), a lessor who is held not entitled to  rent under this Section must nevertheless be awarded damages  for nonacceptance under Sections 2A-527 and 2A-528.    (Source: P.A. 87-493.)
810 ILCS 5/2A-530
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-530)Sec. 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.    (Source: P.A. 87-493.)
810 ILCS 5/2A-531
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

 (from Ch. 26, par. 2A-531)Sec. 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.    (Source: P.A. 87-493.)
810 ILCS 5/2A-532
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 2A - Leases

(810 ILCS 5/2A-532) (from Ch. 26, par. 2A-532)Sec. 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.    (Source: P.A. 87-493.)
810 ILCS 5/Art. 3 heading
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 ARTICLE 3.      NEGOTIABLE INSTRUMENTS
810 ILCS 5/Art. 3 Pt. 1 heading
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 PART 1.      GENERAL PROVISIONS AND DEFINITIONS
810 ILCS 5/3-101
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-101)Sec. 3-101.     Short title.     This Article may be cited as Uniform Commercial  Code-Negotiable Instruments.    (Source: P.A. 87-582.)
810 ILCS 5/3-102
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-102)Sec. 3-102.     Subject matter.(a) This Article applies to negotiable instruments.  It does not apply  to money, to payment orders governed by Article 4A, or to securities  governed by Article 8.(b) If there is conflict between this Article and Article 4 or 9, 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.    (Source: P.A. 87-582; 87-1135.)
810 ILCS 5/3-104
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-104)Sec. 3-104.     Negotiable instrument.(a) Except as provided in subsections (c) and (d), "negotiable  instrument" means an unconditional promise or order to pay  a fixed amount of money, with or without interest or other charges  described in the promise or order, if it:(1) is payable to bearer or to order at the time it     is issued or first comes into possession of a holder;(2) is payable on demand or at a definite time; and(3) does not state any other undertaking or     instruction by the person promising or ordering payment to do any act in addition to the payment of money, but the promise or order may contain (i) an undertaking or power to give, maintain, or protect collateral to secure payment, (ii) an authorization or power to the holder to confess judgment or realize on or dispose of collateral, or (iii) a waiver of the benefit of any law intended for the advantage or protection of any obligor.(b) "Instrument" means a negotiable instrument.(c) An order that meets all of the requirements of subsection (a), except  paragraph (1), and otherwise falls within the definition of "check" in  subsection (f) is a negotiable instrument and a check.(d) A promise or order other than a check is not an instrument if, at the  time it is issued or first comes into possession of a holder, it contains a  conspicuous statement, however expressed, to the effect that the promise or  order is not negotiable or is not an instrument governed by this Article.(e) An instrument is a "note" if it is a promise and is a "draft" if it  is an order.  If an instrument falls within the definition of both "note"  and "draft", a person entitled to enforce the instrument may treat it as  either.(f) "Check" means (i) a draft, other than a documentary draft, payable  on demand and drawn on a bank or (ii) a cashier's check or teller's check.  An instrument may be a check even though it is described on its face by  another term, such as "money order".(g) "Cashier's check" means a draft with respect to which the drawer and  drawee are the same bank or branches of the same bank.(h) "Teller's check" means a draft drawn by a bank (i) on another bank,  or (ii) payable at or through a bank.(i) "Traveler's check" means an instrument that (i) is payable on  demand, (ii) is drawn on or payable at or through a bank, (iii) is  designated by the term "traveler's check" or by a substantially similar  term, and (iv) requires, as a condition to payment, a countersignature by a  person whose specimen signature appears on the instrument.(j) "Certificate of deposit" means an instrument containing an  acknowledgment by a bank that a sum of money has been received by the bank  and a promise by the bank to repay the sum of money.  A certificate of  deposit is a note of the bank.    (Source: P.A. 87-582; 87-1135.)
810 ILCS 5/3-105
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-105)Sec. 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.    (Source: P.A. 87-582; 87-1135.)
810 ILCS 5/3-106
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-106)Sec. 3-106.     Unconditional promise or order.(a) Except as provided in this Section, for the purposes of Section  3-104(a), 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).  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); but if the promise or  order is an instrument, there cannot be a holder in due course of the  instrument.    (Source: P.A. 87-582; 87-1135.)
810 ILCS 5/3-107
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-107)Sec. 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.    (Source: P.A. 87-582.)
810 ILCS 5/3-108
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-108)Sec. 3-108.     Payable on demand or at a 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.    (Source: P.A. 87-582; 87-1135.)
810 ILCS 5/3-109
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 3 - Negotiable Instruments

 (from Ch. 26, par. 3-109)Sec. 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).  An  instrument payable to an identified person may become payable to bearer if  it is indorsed in blank pursuant to Section 3-205(b).    (Source: P.A. 87-582; 87-1135.)