California · Commercial Code
COM §10529: (a) After default by the lessee under the lease contract of the type described in subdivision (a) of, or paragraph (1) of subdivision (c) of, Section 10523 or, if agreed, after other default by the le
What this law says, in plain English
This statute addresses what happens when a lessee fails to meet obligations under certain types of lease contracts, allowing creditors to take action after default occurs.
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