Ch. 3

. 1995 LAWS OF MARYLAND

of the Commercial Law Article.

Occurred: Ch. 535, Acts of 1994. Correction by the Michie Company in the
1994 Cumulative Supplement of the Commercial Law Article is validated by
this Act.

2A-513.

(1) If any tender or delivery by the lessor or the supplier is rejected because it is
nonconforming and the time for performance has not yet expired, the lessor or the
supplier may seasonably notify the lessee of the lessor's or the supplier's intention to cure
and may then make a conforming delivery [with] WITHIN the time provided in the lease
contract.

DRAFTER'S NOTE:

Error: Incorrect word usage in § 2A-513(1) of the Commercial Law Article.

Occurred: Ch. 535, Acts of 1994.

Part III. Default by Lessee

2A-523.                                           

(1) If a lessee wrongfully rejects or revokes acceptance of goods or fails to make a
payment when due or repudiates with respect to a part or the whole, then; with respect to
any goods involved, and with respect to all of the goods if under an installment lease
contract the value of the whole lease contract is substantially impaired (§ 2A-510), the
lessee is in default under the lease contract and the lessor may:

(a)     Cancel the lease contract (§ 2A-505(1));                           

(b)     Proceed respecting goods not identified to the lease contract (§
2A-524);

(c)     Withhold delivery of the goods and take possession of goods previously
delivered (§ 2A-525);

(d)     Stop delivery of the goods by any bailee (§ 2A-526);

(e)     Dispose of the goods and recover damages (§ 2A-527), or retain the
goods and recover, damages (§ 2A-528), or in a proper case recover rent (§ 2A-529);

(f)      Exercise any other rights or pursue any other remedy provided in the
lease contract.

DRAFTER'S NOTE:

Error: Stylistic error in the part designation immediately preceding § 2A-523
of the Commercial Law Article.

- 112 -