Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.12. LEASES. |
Article 45.12.05. DEFAULT. |
Section 45.12.520. Lessee's incidental and consequential damages.
Latest version.
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(a) Incidental damages resulting from a lessor's default include expenses reasonably incurred in inspection, receipt, transportation, and care and custody of goods rightfully rejected or goods the acceptance of which is justifiably revoked, any commercially reasonable charges, expenses, or commissions in connection with effecting cover, and any other reasonable expense incident to the default.
(b) Consequential damages resulting from a lessor's default include
(1) any loss resulting from general or particular requirements and needs of which the lessor at the time of contracting had reason to know and that could not reasonably be prevented by cover or otherwise; and
(2) injury to person or property proximately resulting from a breach of warranty.
Notes
History
(Sec. 125 ch 35 SLA 1993)