Colorado Code
Part 4 - Performance of Lease Contract: Repudiated, Substituted and Excused
§ 4-2.5-405. Excused Performance

Subject to section 4-2.5-404 on substituted performance, the following rules apply:



Source: L. 91: Entire article added, p. 299, § 1, effective July 1, 1992.
Uniform Statutory Source: Section 2-615.
Changes: Revised to reflect leasing practices and terminology.
Definitional Cross References:
"Agreed". Section 1-201(3).
"Contract". Section 1-201(11).
"Delivery". Section 1-201(14).
"Finance lease". Section 2A-103(1)(g).
"Good faith". Sections 1-201(19) and 2-103(1)(b).
"Knows". Section 1-201(25).
"Lease". Section 2A-103(1)(j).
"Lease contract". Section 2A-103(1)(l).
"Lessee". Section 2A-103(1)(n).
"Lessor". Section 2A-103(1)(p).
"Notifies". Section 1-201(26).
"Sale". Section 2-106(1).
"Seasonably". Section 1-204(3).
"Supplier". Section 2A-103(1)(x).

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