New Jersey § 12a:2a-526
Full text of New Jersey New Jersey Statutes § 12a:2a-526, with citation guidance and answers to common questions.
§ 12a:2a-526.
(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.
Frequently Asked Questions About New Jersey § 12a:2a-526
What does New Jersey Statutes § 12a:2a-526 cover?
Section 12a:2a-526 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:2a-526?
A common citation format is "New Jersey Statutes § 12a:2a-526" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:2a-526 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.