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Part 1 - GENERAL PROVISIONS
Section 28-12-101 - SHORT TITLE. - 28-12-101. SHORT TITLE. This chapter shall be known and may...
Section 28-12-102 - SCOPE. - 28-12-102. SCOPE. This chapter applies to any transaction, regardless of...
Section 28-12-103 - DEFINITIONS AND INDEX OF DEFINITIONS. - 28-12-103. DEFINITIONS AND INDEX OF DEFINITIONS. (1) In this chapter...
Section 28-12-104 - LEASES SUBJECT TO OTHER LAW. - 28-12-104. LEASES SUBJECT TO OTHER LAW. (1) A lease, although...
Section 28-12-105 - TERRITORIAL APPLICATION OF ARTICLE TO GOODS COVERED BY CERTIFICATE OF TITLE. - 28-12-105. TERRITORIAL APPLICATION OF ARTICLE TO GOODS COVERED BY CERTIFICATE...
Section 28-12-106 - LIMITATION ON POWER OF PARTIES TO CONSUMER LEASE TO CHOOSE APPLICABLE LAW AND JUDICIAL FORUM. - 28-12-106. LIMITATION ON POWER OF PARTIES TO CONSUMER LEASE TO...
Section 28-12-107 - WAIVER OR RENUNCIATION OF CLAIM OR RIGHT AFTER DEFAULT. - 28-12-107. WAIVER OR RENUNCIATION OF CLAIM OR RIGHT AFTER DEFAULT....
Section 28-12-108 - UNCONSCIONABILITY. - 28-12-108. UNCONSCIONABILITY. (1) If the court as a matter of...
Section 28-12-109 - OPTION TO ACCELERATE AT WILL. - 28-12-109. OPTION TO ACCELERATE AT WILL. (1) A term providing...
Part 2 - FORMATION AND CONSTRUCTION OF LEASE CONTRACT
Section 28-12-201 - STATUTE OF FRAUDS. - 28-12-201. STATUTE OF FRAUDS. (1) A lease contract is not...
Section 28-12-202 - FINAL WRITTEN EXPRESSION — PAROL OR EXTRINSIC EVIDENCE. - 28-12-202. FINAL WRITTEN EXPRESSION — PAROL OR EXTRINSIC EVIDENCE. Terms...
Section 28-12-203 - SEALS INOPERATIVE. - 28-12-203. SEALS INOPERATIVE. The affixing of a seal to a...
Section 28-12-204 - FORMATION IN GENERAL. - 28-12-204. FORMATION IN GENERAL. (1) A lease contract may be...
Section 28-12-205 - FIRM OFFERS. - 28-12-205. FIRM OFFERS. An offer by a merchant to lease...
Section 28-12-206 - OFFER AND ACCEPTANCE IN FORMATION OF LEASE CONTRACT. - 28-12-206. OFFER AND ACCEPTANCE IN FORMATION OF LEASE CONTRACT. (1)...
Section 28-12-208 - MODIFICATION, RESCISSION AND WAIVER. - 28-12-208. MODIFICATION, RESCISSION AND WAIVER. (1) An agreement modifying a...
Section 28-12-209 - LESSEE UNDER FINANCE LEASE AS BENEFICIARY OF SUPPLY CONTRACT. - 28-12-209. LESSEE UNDER FINANCE LEASE AS BENEFICIARY OF SUPPLY CONTRACT....
Section 28-12-210 - EXPRESS WARRANTIES. - 28-12-210. EXPRESS WARRANTIES. (1) Express warranties by the lessor are...
Section 28-12-211 - WARRANTIES AGAINST INTERFERENCE AND AGAINST INFRINGEMENT — LESSEE’S OBLIGATION AGAINST INFRINGEMENT. - 28-12-211. WARRANTIES AGAINST INTERFERENCE AND AGAINST INFRINGEMENT — LESSEE’S OBLIGATION...
Section 28-12-212 - IMPLIED WARRANTY OF MERCHANTABILITY. - 28-12-212. IMPLIED WARRANTY OF MERCHANTABILITY. (1) Except in a finance...
Section 28-12-213 - IMPLIED WARRANTY OF FITNESS FOR PARTICULAR PURPOSE. - 28-12-213. IMPLIED WARRANTY OF FITNESS FOR PARTICULAR PURPOSE. Except in...
Section 28-12-214 - EXCLUSION OR MODIFICATION OF WARRANTIES. - 28-12-214. EXCLUSION OR MODIFICATION OF WARRANTIES. (1) Words or conduct...
Section 28-12-215 - CUMULATION AND CONFLICT OF WARRANTIES EXPRESS OR IMPLIED. - 28-12-215. CUMULATION AND CONFLICT OF WARRANTIES EXPRESS OR IMPLIED. Warranties,...
Section 28-12-216 - THIRD-PARTY BENEFICIARIES OF EXPRESS AND IMPLIED WARRANTIES. - 28-12-216. THIRD-PARTY BENEFICIARIES OF EXPRESS AND IMPLIED WARRANTIES. A warranty...
Section 28-12-217 - IDENTIFICATION. - 28-12-217. IDENTIFICATION. Identification of goods as goods to which a...
Section 28-12-218 - INSURANCE AND PROCEEDS. - 28-12-218. INSURANCE AND PROCEEDS. (1) A lessee obtains an insurable...
Section 28-12-219 - RISK OF LOSS. - 28-12-219. RISK OF LOSS. (1) Except in the case of...
Section 28-12-220 - EFFECT OF DEFAULT ON RISK OF LOSS. - 28-12-220. EFFECT OF DEFAULT ON RISK OF LOSS. (1) Where...
Section 28-12-221 - CASUALTY TO IDENTIFIED GOODS. - 28-12-221. CASUALTY TO IDENTIFIED GOODS. If a lease contract requires...
Part 3 - EFFECT OF LEASE CONTRACT
Section 28-12-301 - ENFORCEABILITY OF LEASE CONTRACT. - 28-12-301. ENFORCEABILITY OF LEASE CONTRACT. Except as otherwise provided in...
Section 28-12-302 - TITLE TO AND POSSESSION OF GOODS. - 28-12-302. TITLE TO AND POSSESSION OF GOODS. Except as otherwise...
Section 28-12-303 - ALIENABILITY OF PARTY’S INTEREST UNDER LEASE CONTRACT OR OF LESSOR’S RESIDUAL INTEREST IN GOODS — DELEGATION OF PERFORMANCE — TRANSFER OF RIGHTS. - TITLE 28 COMMERCIAL TRANSACTIONS CHAPTER 12 UNIFORM COMMERCIAL CODE —...
Section 28-12-304 - SUBSEQUENT LEASE OF GOODS BY LESSOR. - 28-12-304. SUBSEQUENT LEASE OF GOODS BY LESSOR. (1) Subject to...
Section 28-12-305 - SALE OR SUBLEASE OF GOODS BY LESSEE. - 28-12-305. SALE OR SUBLEASE OF GOODS BY LESSEE. (1) Subject...
Section 28-12-306 - PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW. - 28-12-306. PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW....
Section 28-12-307 - PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY ON, SECURITY INTERESTS IN, AND OTHER CLAIMS TO GOODS. - 28-12-307. PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY ON,...
Section 28-12-308 - SPECIAL RIGHTS OF CREDITORS. - 28-12-308. SPECIAL RIGHTS OF CREDITORS. (1) A creditor of a...
Section 28-12-309 - LESSOR’S AND LESSEE’S RIGHTS WHEN GOODS BECOME FIXTURES. - 28-12-309. LESSOR’S AND LESSEE’S RIGHTS WHEN GOODS BECOME FIXTURES. (1)...
Section 28-12-310 - LESSOR’S AND LESSEE’S RIGHTS WHEN GOODS BECOME ACCESSIONS. - 28-12-310. LESSOR’S AND LESSEE’S RIGHTS WHEN GOODS BECOME ACCESSIONS. (1)...
Section 28-12-311 - PRIORITY SUBJECT TO SUBORDINATION. - 28-12-311. PRIORITY SUBJECT TO SUBORDINATION. Nothing in this chapter prevents...
Part 4 - PERFORMANCE OF LEASE CONTRACT — REPUDIATED, SUBSTITUTED AND EXCUSED
Section 28-12-401 - INSECURITY — ADEQUATE ASSURANCE OF PERFORMANCE. - 28-12-401. INSECURITY — ADEQUATE ASSURANCE OF PERFORMANCE. (1) A lease...
Section 28-12-402 - ANTICIPATORY REPUDIATION. - 28-12-402. ANTICIPATORY REPUDIATION. If either party repudiates a lease contract...
Section 28-12-403 - RETRACTION OF ANTICIPATORY REPUDIATION. - 28-12-403. RETRACTION OF ANTICIPATORY REPUDIATION. (1) Until the repudiating party’s...
Section 28-12-404 - SUBSTITUTED PERFORMANCE. - 28-12-404. SUBSTITUTED PERFORMANCE. (1) If, without fault of the lessee,...
Section 28-12-405 - EXCUSED PERFORMANCE. - 28-12-405. EXCUSED PERFORMANCE. Subject to section 28-12-404 on substituted performance,...
Section 28-12-406 - PROCEDURE ON EXCUSED PERFORMANCE. - 28-12-406. PROCEDURE ON EXCUSED PERFORMANCE. (1) If the lessee receives...
Section 28-12-407 - IRREVOCABLE PROMISES — FINANCE LEASES. - 28-12-407. IRREVOCABLE PROMISES — FINANCE LEASES. (1) In the case...
Part 5 - DEFAULT
Section 28-12-501 - DEFAULT — PROCEDURE. - 28-12-501. DEFAULT — PROCEDURE. (1) Whether the lessor or the...
Section 28-12-502 - NOTICE AFTER DEFAULT. - 28-12-502. NOTICE AFTER DEFAULT. Except as otherwise provided in this...
Section 28-12-503 - MODIFICATION OR IMPAIRMENT OF RIGHTS AND REMEDIES. - 28-12-503. MODIFICATION OR IMPAIRMENT OF RIGHTS AND REMEDIES. (1) Except...
Section 28-12-504 - LIQUIDATION OF DAMAGES. - 28-12-504. LIQUIDATION OF DAMAGES. (1) Damages payable by either party...
Section 28-12-505 - CANCELLATION AND TERMINATION AND EFFECT OF CANCELLATION, TERMINATION, RESCISSION OR FRAUD ON RIGHTS AND REMEDIES. - 28-12-505. CANCELLATION AND TERMINATION AND EFFECT OF CANCELLATION, TERMINATION, RESCISSION...
Section 28-12-506 - STATUTE OF LIMITATIONS. - 28-12-506. STATUTE OF LIMITATIONS. (1) An action for default under...
Section 28-12-507 - PROOF OF MARKET RENT — TIME AND PLACE. - 28-12-507. PROOF OF MARKET RENT — TIME AND PLACE. (1)...
Section 28-12-508 - LESSEE’S REMEDIES. - 28-12-508. LESSEE’S REMEDIES. (1) If a lessor fails to deliver...
Section 28-12-509 - LESSEE’S RIGHTS ON IMPROPER DELIVERY — RIGHTFUL REJECTION. - 28-12-509. LESSEE’S RIGHTS ON IMPROPER DELIVERY — RIGHTFUL REJECTION. (1)...
Section 28-12-510 - INSTALLMENT LEASE CONTRACTS — REJECTION AND DEFAULT. - 28-12-510. INSTALLMENT LEASE CONTRACTS — REJECTION AND DEFAULT. (1) Under...
Section 28-12-511 - MERCHANT LESSEE’S DUTIES AS TO RIGHTFULLY REJECTED GOODS. - 28-12-511. MERCHANT LESSEE’S DUTIES AS TO RIGHTFULLY REJECTED GOODS. (1)...
Section 28-12-512 - LESSEE’S DUTIES AS TO RIGHTFULLY REJECTED GOODS. - 28-12-512. LESSEE’S DUTIES AS TO RIGHTFULLY REJECTED GOODS. (1) Except...
Section 28-12-513 - CURE BY LESSOR OF IMPROPER TENDER OR DELIVERY — REPLACEMENT. - 28-12-513. CURE BY LESSOR OF IMPROPER TENDER OR DELIVERY —...
Section 28-12-514 - WAIVER OF LESSEE’S OBJECTIONS. - 28-12-514. WAIVER OF LESSEE’S OBJECTIONS. (1) In rejecting goods, a...
Section 28-12-515 - ACCEPTANCE OF GOODS. - 28-12-515. ACCEPTANCE OF GOODS. (1) Acceptance of goods occurs after...
Section 28-12-516 - EFFECT OF ACCEPTANCE OF GOODS — NOTICE OF DEFAULT — BURDEN OF ESTABLISHING DEFAULT AFTER ACCEPTANCE — NOTICE OF CLAIM OR LITIGATION TO PERSON ANSWERABLE OVER. - 28-12-516. EFFECT OF ACCEPTANCE OF GOODS — NOTICE OF DEFAULT...
Section 28-12-517 - REVOCATION OF ACCEPTANCE OF GOODS. - 28-12-517. REVOCATION OF ACCEPTANCE OF GOODS. (1) A lessee may...
Section 28-12-518 - COVER — SUBSTITUTE GOODS. - 28-12-518. COVER — SUBSTITUTE GOODS. (1) After a default by...
Section 28-12-519 - LESSEE’S DAMAGES FOR NONDELIVERY, REPUDIATION, DEFAULT, AND BREACH OF WARRANTY IN REGARD TO ACCEPTED GOODS. - 28-12-519. LESSEE’S DAMAGES FOR NONDELIVERY, REPUDIATION, DEFAULT, AND BREACH OF...
Section 28-12-520 - LESSEE’S INCIDENTAL AND CONSEQUENTIAL DAMAGES. - 28-12-520. LESSEE’S INCIDENTAL AND CONSEQUENTIAL DAMAGES. (1) Incidental damages resulting...
Section 28-12-521 - LESSEE’S RIGHT TO SPECIFIC PERFORMANCE OR REPLEVIN. - 28-12-521. LESSEE’S RIGHT TO SPECIFIC PERFORMANCE OR REPLEVIN. (1) Specific...
Section 28-12-522 - LESSEE’S RIGHT TO GOODS ON LESSOR’S INSOLVENCY. - 28-12-522. LESSEE’S RIGHT TO GOODS ON LESSOR’S INSOLVENCY. (1) Subject...
Section 28-12-523 - LESSOR’S REMEDIES. - 28-12-523. LESSOR’S REMEDIES. (1) If a lessee wrongfully rejects or...
Section 28-12-524 - LESSOR’S RIGHT TO IDENTIFY GOODS TO LEASE CONTRACT. - 28-12-524. LESSOR’S RIGHT TO IDENTIFY GOODS TO LEASE CONTRACT. (1)...
Section 28-12-525 - LESSOR’S RIGHT TO POSSESSION OF GOODS. - 28-12-525. LESSOR’S RIGHT TO POSSESSION OF GOODS. (1) If a...
Section 28-12-526 - LESSOR’S STOPPAGE OF DELIVERY IN TRANSIT OR OTHERWISE. - 28-12-526. LESSOR’S STOPPAGE OF DELIVERY IN TRANSIT OR OTHERWISE. (1)...
Section 28-12-527 - LESSOR’S RIGHTS TO DISPOSE OF GOODS. - 28-12-527. LESSOR’S RIGHTS TO DISPOSE OF GOODS. (1) After a...
Section 28-12-528 - LESSOR’S DAMAGES FOR NONACCEPTANCE, FAILURE TO PAY, REPUDIATION, OR OTHER DEFAULT. - 28-12-528. LESSOR’S DAMAGES FOR NONACCEPTANCE, FAILURE TO PAY, REPUDIATION, OR...
Section 28-12-529 - LESSOR’S ACTION FOR THE RENT. - 28-12-529. LESSOR’S ACTION FOR THE RENT. (1) After default by...
Section 28-12-530 - LESSOR’S INCIDENTAL DAMAGES. - 28-12-530. LESSOR’S INCIDENTAL DAMAGES. Incidental damages to an aggrieved lessor...
Section 28-12-531 - STANDING TO SUE THIRD PARTIES FOR INJURY TO GOODS. - 28-12-531. STANDING TO SUE THIRD PARTIES FOR INJURY TO GOODS....
Section 28-12-532 - LESSOR’S RIGHTS TO RESIDUAL INTEREST. - 28-12-532. LESSOR’S RIGHTS TO RESIDUAL INTEREST. In addition to any...