(a) Except as otherwise provided with respect to goods that threaten to decline in value speedily (Section 10511) and subject to any security interest of a lessee (subdivision (e) of Section 10508): (1) The lessee, after rejection of goods in the lesseeâs possession, shall hold them with reasonable care at the lessorâs or the supplierâs disposition for a reasonable time after the lesseeâs seasonable notification of rejection; (2) If the lessor or the supplier gives no instructions within a reasonable time after notification of rejection, the lessee may store the rejected goods for the lessorâs or the supplierâs account or ship them to the lessor or the supplier or dispose of them for the lessorâs or the supplierâs account with reimbursement in the manner provided in Section 10511; but (3) The lessee has no further obligations with regard to goods rightfully rejected. (b) Action by the lessee pursuant to subdivision (a) is not acceptance or conversion.
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