SECTION 680.531. Standing to sue third parties for injury to goods.

Latest version.

1(1) 2If 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:
30(a) 31The lessor has a right of action against the third party.
42(b) 43The lessee has a right of action against the third party if the lessee:
571. 58Has a security interest in the goods;
652. 66Has an insurable interest in the goods; or
743. 75Bears 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.
104(2) 105If 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.
168(3) 169Either party with the consent of the other may sue for the benefit of whom it may concern.

History.-s. 1, ch. 90-278; s. 723, ch. 97-102.

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Cited by Court Cases:

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