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Part 1 - General Provisions
§ 4-2.5-101. Short Title - This article shall be known and may be cited as...
§ 4-2.5-102. Scope - This article applies to any transaction, regardless of form, that...
§ 4-2.5-103. Definitions and Index of Definitions - "Accessions". Section 4-2.5-310 (1). "Construction mortgage". Section 4-2.5-309 (1)(d). "Encumbrance"....
§ 4-2.5-104. Leases Subject to Other Law - Source: L. 91: Entire article added, p. 277, § 1,...
§ 4-2.5-105. Territorial Application of Article to Goods Covered by Certificate of Title - Subject to the provisions of sections 4-2.5-304 (3) and 4-2.5-305...
§ 4-2.5-106. Limitation on Power of Parties to Consumer Lease to Choose Applicable Law and Judicial Forum - Source: L. 91: Entire article added, p. 278, § 1,...
§ 4-2.5-107. Waiver or Renunciation of Claim or Right After Default - Any claim or right arising out of an alleged default...
§ 4-2.5-108. Unconscionability - Source: L. 91: Entire article added, p. 278, § 1,...
§ 4-2.5-109. Option to Accelerate at Will - Source: L. 91: Entire article added, p. 279, § 1,...
Part 2 - Formation and Construction of Lease Contract
§ 4-2.5-201. Statute of Frauds - Source: L. 91: Entire article added, p. 279, § 1,...
§ 4-2.5-202. Final Written Expression: Parol or Extrinsic Evidence - Source: L. 91: Entire article added, p. 280, § 1,...
§ 4-2.5-203. Seals Inoperative - The affixing of a seal to a writing evidencing a...
§ 4-2.5-204. Formation in General - Source: L. 91: Entire article added, p. 281, § 1,...
§ 4-2.5-205. Firm Offers - An offer by a merchant to lease goods to or...
§ 4-2.5-206. Offer and Acceptance in Formation of Lease Contract - Source: L. 91: Entire article added, p. 281, § 1,...
§ 4-2.5-207. Course of Performance or Practical Construction - Source: L. 91: Entire article added, p. 281, § 1,...
§ 4-2.5-208. Modification, Rescission and Waiver - Source: L. 91: Entire article added, p. 282, § 1,...
§ 4-2.5-209. Lessee Under Finance Lease as Beneficiary of Supply Contract - Source: L. 91: Entire article added, p. 282, § 1,...
§ 4-2.5-210. Express Warranties - Source: L. 91: Entire article added, p. 283, § 1,...
§ 4-2.5-211. Warranties Against Interference and Against Infringement; Lessee's Obligation Against Infringement - Source: L. 91: Entire article added, p. 283, § 1,...
§ 4-2.5-212. Implied Warranty of Merchantability - Source: L. 91: Entire article added, p. 284, § 1,...
§ 4-2.5-213. Implied Warranty of Fitness for Particular Purpose - Except in a finance lease, if the lessor at the...
§ 4-2.5-214. Exclusion or Modification of Warranties - Source: L. 91: Entire article added, p. 284, § 1,...
§ 4-2.5-215. Cumulation and Conflict of Warranties Express or Implied - Warranties, whether express or implied, must be construed as consistent...
§ 4-2.5-216. Third-Party Beneficiaries of Express and Implied Warranties - A warranty to or for the benefit of a lessee...
§ 4-2.5-217. Identification - Identification of goods as goods to which a lease contract...
§ 4-2.5-218. Insurance and Proceeds - Source: L. 91: Entire article added, p. 286, § 1,...
§ 4-2.5-219. Risk of Loss - Source: L. 91: Entire article added, p. 287, § 1,...
§ 4-2.5-220. Effect of Default on Risk of Loss - Source: L. 91: Entire article added, p. 287, § 1,...
§ 4-2.5-221. Casualty to Identified Goods - If a lease contract requires goods identified when the lease...
Part 3 - Effect of Lease Contract
§ 4-2.5-301. Enforceability of Lease Contract - Except as otherwise provided in this article, a lease contract...
§ 4-2.5-302. Title to and Possession of Goods - Except as otherwise provided in this article, each provision of...
§ 4-2.5-303. Alienability of Party's Interest Under Lease Contract or of Lessor's Residual Interest in Goods; Delegation of Performance; Transfer of Rights - Source: L. 91: Entire article added, p. 288, § 1,...
§ 4-2.5-304. Subsequent Lease of Goods by Lessor - Source: L. 91: Entire article added, p. 290, § 1,...
§ 4-2.5-305. Sale or Sublease of Goods by Lessee - Source: L. 91: Entire article added, p. 291, § 1,...
§ 4-2.5-306. Priority of Certain Liens Arising by Operation of Law - If a person in the ordinary course of his [or...
§ 4-2.5-307. Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods - Source: L. 91: Entire article added, p. 292, § 1,...
§ 4-2.5-308. Special Rights of Creditors - Source: L. 91: Entire article added, p. 293, § 1,...
§ 4-2.5-309. Lessor's and Lessee's Rights When Goods Become Fixtures - Source: L. 91: Entire article added, p. 293, § 1,...
§ 4-2.5-310. Lessor's and Lessee's Rights When Goods Become Accessions - Source: L. 91: Entire article added, p. 296, § 1,...
§ 4-2.5-311. Priority Subject to Subordination - Nothing in this article prevents subordination by agreement by any...
Part 4 - Performance of Lease Contract: Repudiated, Substituted and Excused
§ 4-2.5-401. Insecurity: Adequate Assurance of Performance - Source: L. 91: Entire article added, p. 297, § 1,...
§ 4-2.5-402. Anticipatory Repudiation - If either party repudiates a lease contract with respect to...
§ 4-2.5-403. Retraction of Anticipatory Repudiation - Source: L. 91: Entire article added, p. 298, § 1,...
§ 4-2.5-404. Substituted Performance - Source: L. 91: Entire article added, p. 298, § 1,...
§ 4-2.5-405. Excused Performance - Subject to section 4-2.5-404 on substituted performance, the following rules...
§ 4-2.5-406. Procedure on Excused Performance - Source: L. 91: Entire article added, p. 299, § 1,...
§ 4-2.5-407. Irrevocable Promises: Finance Leases - Source: L. 91: Entire article added, p. 300, § 1,...
Part 5 - Default
§ 4-2.5-501. Default: Procedure - Source: L. 91: Entire article added, p. 300, § 1,...
§ 4-2.5-502. Notice After Default - Except as otherwise provided in this article or the lease...
§ 4-2.5-503. Modification or Impairment of Rights and Remedies - Source: L. 91: Entire article added, p. 301, § 1,...
§ 4-2.5-504. Liquidation of Damages - Source: L. 91: Entire article added, p. 302, § 1,...
§ 4-2.5-505. Cancellation and Termination and Effect of Cancellation, Termination, Rescission, or Fraud on Rights and Remedies - Source: L. 91: Entire article added, p. 302, § 1,...
§ 4-2.5-506. Statute of Limitations - Source: L. 91: Entire article added, p. 303, § 1,...
§ 4-2.5-507. Proof of Market Rent: Time and Place - Source: L. 91: Entire article added, p. 303, § 1,...
§ 4-2.5-508. Lessee's Remedies - Source: L. 91: Entire article added, p. 304, § 1,...
§ 4-2.5-509. Lessee's Rights on Improper Delivery; Rightful Rejection - Source: L. 91: Entire article added, p. 305, § 1,...
§ 4-2.5-510. Installment Lease Contracts: Rejection and Default - Source: L. 91: Entire article added, p. 305, § 1,...
§ 4-2.5-511. Merchant Lessee's Duties as to Rightfully Rejected Goods - Source: L. 91: Entire article added, p. 306, § 1,...
§ 4-2.5-512. Lessee's Duties as to Rightfully Rejected Goods - Source: L. 91: Entire article added, p. 306, § 1,...
§ 4-2.5-513. Cure by Lessor of Improper Tender or Delivery; Replacement - Source: L. 91: Entire article added, p. 307, § 1,...
§ 4-2.5-514. Waiver of Lessee's Objections - Source: L. 91: Entire article added, p. 307, § 1,...
§ 4-2.5-515. Acceptance of Goods - Source: L. 91: Entire article added, p. 308, § 1,...
§ 4-2.5-516. Effect of Acceptance of Goods; Notice of Default; Burden of Establishing Default After Acceptance; Notice of Claim or Litigation to Person Answerable Over - Source: L. 91: Entire article added, p. 308, § 1,...
§ 4-2.5-517. Revocation of Acceptance of Goods - Source: L. 91: Entire article added, p. 309, § 1,...
§ 4-2.5-518. Cover; Substitute Goods - Source: L. 91: Entire article added, p. 310, § 1,...
§ 4-2.5-519. Lessee's Damages for Nondelivery, Repudiation, Default and Breach of Warranty in Regard to Accepted Goods - Source: L. 91: Entire article added, p. 310, § 1,...
§ 4-2.5-520. Lessee's Incidental and Consequential Damages - Source: L. 91: Entire article added, p. 311, § 1,...
§ 4-2.5-521. Lessee's Right to Specific Performance or Replevin - Source: L. 91: Entire article added, p. 312, § 1,...
§ 4-2.5-522. Lessee's Right to Goods on Lessor's Insolvency - Source: L. 91: Entire article added, p. 312, § 1,...
§ 4-2.5-523. Lessor's Remedies - Source: L. 91: Entire article added, p. 312, § 1,...
§ 4-2.5-524. Lessor's Right to Identify Goods to Lease Contract - Source: L. 91: Entire article added, p. 313, § 1,...
§ 4-2.5-525. Lessor's Right to Possession of Goods - Source: L. 91: Entire article added, p. 314, § 1,...
§ 4-2.5-526. Lessor's Stoppage of Delivery in Transit or Otherwise - Source: L. 91: Entire article added, p. 314, § 1,...
§ 4-2.5-527. Lessor's Rights to Dispose of Goods - Source: L. 91: Entire article added, p. 315, § 1,...
§ 4-2.5-528. Lessor's Damages for Nonacceptance, Failure to Pay, Repudiation, or Other Default - Source: L. 91: Entire article added, p. 316, § 1,...
§ 4-2.5-529. Lessor's Action for the Rent - Source: L. 91: Entire article added, p. 316, § 1,...
§ 4-2.5-530. Lessor's Incidental Damages - Incidental damages to an aggrieved lessor include any commercially reasonable...
§ 4-2.5-531. Standing to Sue Third Parties for Injury to Goods - Source: L. 91: Entire article added, p. 318, § 1,...
§ 4-2.5-532. Lessor's Rights to Residual Interest - In addition to any other recovery permitted by this article...
§ 4-2.5-533. Other Measures of Damages - Notwithstanding any other provision of this article, except as otherwise...