Colorado Code
Part 5 - Default
§ 4-2.5-518. Cover; Substitute Goods

Source: L. 91: Entire article added, p. 310, § 1, effective July 1, 1992. L. 2006: (2) amended, p. 494, § 19, effective September 1.
Editor's note - Colorado legislative change. In subsection (2) of this section, after the words "term of the original lease agreement,", Colorado inserted a new clause as follows: "(ii) interest on the amount computed under clause (i) of this subsection (2) from the date of the commencement of the term of the new lease agreement until the date of entry of judgment at the same rate used in computing present value,". The second clause was then relettered as clause "(iii)".
Uniform Statutory Source: Section 2-712.
Changes: Substantially revised.
Purposes:







Cross References:
Sections 2-712(1), 2A-519 and 9-507.
Definitional Cross References:
"Agreement". Section 1-201(3).
"Contract". Section 1-201(11).
"Good faith". Sections 1-201(19) and 2-103(1)(b).
"Goods". Section 2A-103(1)(h).
"Lease". Section 2A-103(1)(j).
"Lease agreement". Section 2A-103(1)(k).
"Lease contract". Section 2A-103(l)(l).
"Lessee". Section 2A-103(1)(n).
"Lessor". Section 2A-103(1)(p).
"Party". Section 1-201(29).
"Present value". Section 2A-103(1)(u).
"Purchase". Section 2A-103(1)(v).

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