Section 411.531 - Standing to sue 3rd parties for injury to goods(1) If a 3rd 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, all of the following apply:(a) The lessor has a right of action against the 3rd party.(b) The lessee also has a right of action against the 3rd party if any of the following occurs: 1. The lessee has a security interest in the goods.2. The lessee has an insurable interest in the goods.3. The lessee bears 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.(2) If 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.(3) Either party with the consent of the other may sue for the benefit of whom it may concern.