554.13525 Lessor’s right to possession of goods. 1. If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the goods.2. After a default by the lessee under the lease contract of the type described in section 554.13523, subsection 1, or section 554.13523, subsection 3, paragraph 'a' or, if agreed, afterother default by the lessee, the lessor has the right to take possession of the goods. If the leasecontract so provides, the lessor may require the lessee to assemble the goods and make themavailable to the lessor at a place to be designated by the lessor which is reasonably convenientto both parties. Without removal, the lessor may render unusable any goods employed intrade or business, and may dispose of goods on the lessee’s premises (section 554.13527). 3. The lessor may proceed under subsection 2 without judicial process if it can be done without breach of the peace or the lessor may proceed by action. 94 Acts, ch 1052, §77Referred to in §554.13504, 554.13523, 554.13527 Sat Dec 23 11:03:40 2023 Iowa Code 2024, Section 554.13525 (24, 0)
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