Indiana Code
Article 1. Uniform Commercial Code
Chapter 2.1. Leases

26-1-2.1-105. Territorial Application of Article to Goods Covered by Certificate of Title - Sec. 105. Subject to the provisions of IC 26-1-2.1-304(3) and...

26-1-2.1-106. Limitation on Power of Parties to Consumer Lease to Choose Applicable Law and Judicial Forum - Sec. 106. (1) If the law chosen by the parties...

26-1-2.1-107. Waiver or Renunciation of Claim or Right After Default - Sec. 107. Any claim or right arising out of an...

26-1-2.1-108. Unconscionability - Sec. 108. (1) If the court as a matter of...

26-1-2.1-109. Option to Accelerate at Will - Sec. 109. (1) A term providing that one party or...

26-1-2.1-201. Statute of Frauds - Sec. 201. (1) A lease contract is not enforceable by...

26-1-2.1-202. Final Written Expression; Parol or Extrinsic Evidence - Sec. 202. Terms with respect to which the confirmatory memoranda...

26-1-2.1-203. Seals Inoperative - Sec. 203. The affixing of a seal to a writing...

26-1-2.1-204. Formation in General - Sec. 204. (1) A lease contract may be made in...

26-1-2.1-205. Firm Offers - Sec. 205. An offer by a merchant to lease goods...

26-1-2.1-206. Offer and Acceptance in Formation of Lease Contract - Sec. 206. (1) Unless otherwise unambiguously indicated by the language...

26-1-2.1-207. Repealed - As added by P.L.189-1991, SEC.3. Repealed by P.L.143-2007, SEC.78.

26-1-2.1-208. Modification, Rescission, and Waiver - Sec. 208. (1) An agreement modifying a lease contract needs...

26-1-2.1-209. Lessee Under Finance Lease as Beneficiary of Supply Contract - Sec. 209. (1) The benefit of a supplier's promises to...

26-1-2.1-210. Express Warranties - Sec. 210. (1) Express warranties by the lessor are created...

26-1-2.1-211. Warranties Against Interference and Against Infringement; Lessee's Obligation Against Infringement - Sec. 211. (1) There is in a lease contract a...

26-1-2.1-212. Implied Warranty of Merchantability - Sec. 212. (1) Except in a finance lease, a warranty...

26-1-2.1-213. Implied Warranty of Fitness for Particular Purpose - Sec. 213. Except in a finance lease, if the lessor...

26-1-2.1-214. Exclusion or Modification of Warranties - Sec. 214. (1) Words or conduct relevant to the creation...

26-1-2.1-215. Cumulation and Conflict of Warranties Express or Implied - Sec. 215. Warranties, whether express or implied, must be construed...

26-1-2.1-216. Third-Party Beneficiaries of Express and Implied Warranties - Sec. 216. A warranty to or for the benefit of...

26-1-2.1-217. Identification - Sec. 217. Identification of goods as goods to which a...

26-1-2.1-218. Insurance and Proceeds - Sec. 218. (1) A lessee obtains an insurable interest when...

26-1-2.1-219. Risk of Loss - Sec. 219. (1) Except in the case of a finance...

26-1-2.1-220. Effect of Default on Risk of Loss - Sec. 220. (1) Where risk of loss is to pass...

26-1-2.1-221. Casualty to Identified Goods - Sec. 221. If a lease contract requires goods identified when...

26-1-2.1-301. Enforceability of Lease Contract - Sec. 301. Except as otherwise provided in IC 26-1-2.1, a...

26-1-2.1-302. Title to and Possession of Goods - Sec. 302. Except as otherwise provided in IC 26-1-2.1, each...

26-1-2.1-303. "Creation of a Security Interest"; Alienability of Party's Interest Under Lease Contract or of Lessor's Residual Interest in Goods; Delegation of Performance; Assignment of Rights - Sec. 303. (1) As used in this section, "creation of...

26-1-2.1-304. Subsequent Lease of Goods by Lessor - Sec. 304. (1) Subject to IC 26-1-2.1-303, a subsequent lessee...

26-1-2.1-305. Sale or Sublease of Goods by Lessee - Sec. 305. (1) Subject to the provisions of IC 26-1-2.1-303,...

26-1-2.1-306. Priority of Certain Liens Arising by Operation of Law - Sec. 306. If a person in the ordinary course of...

26-1-2.1-307. Priority of Liens Related to Lease Contract - Sec. 307. (1) Except as otherwise provided in IC 26-1-2.1-306,...

26-1-2.1-308. Special Rights of Creditors - Sec. 308. (1) A creditor of a lessor in possession...

26-1-2.1-309. Lessor's and Lessee's Rights When Goods Become Fixtures - Sec. 309. (1) In this section: (a) goods are "fixtures"...

26-1-2.1-310. Lessor's and Lessee's Rights When Goods Become Accessions - Sec. 310. (1) Goods are "accessions" when they are installed...

26-1-2.1-311. Subordination by Agreement; Persons Entitled to Priority - Sec. 311. Nothing in IC 26-1-2.1 prevents subordination by agreement...

26-1-2.1-401. Insecurity; Adequate Assurance of Performance - Sec. 401. (1) A lease contract imposes an obligation on...

26-1-2.1-402. Anticipatory Repudiation - Sec. 402. If either party repudiates a lease contract with...

26-1-2.1-403. Retraction of Anticipatory Repudiation - Sec. 403. (1) Until the repudiating party's next performance is...

26-1-2.1-404. Substituted Performance - Sec. 404. (1) If without fault of the lessee, the...

26-1-2.1-405. Excused Performance - Sec. 405. Subject to IC 26-1-2.1-404 on substituted performance, the...

26-1-2.1-406. Procedure on Excused Performance - Sec. 406. (1) If the lessee receives notification of a...

26-1-2.1-407. Irrevocable Promises; Finance Leases - Sec. 407. (1) In the case of a finance lease...

26-1-2.1-501. Default; Procedure - Sec. 501. (1) Whether the lessor or the lessee is...

26-1-2.1-502. Notice After Default - Sec. 502. Except as otherwise provided in IC 26-1-2.1 or...

26-1-2.1-503. Modification or Impairment of Rights and Remedies - Sec. 503. (1) Except as otherwise provided in IC 26-1-2.1,...

26-1-2.1-504. Liquidation of Damages - Sec. 504. (1) Damages payable by either party for default,...

26-1-2.1-505. Cancellation and Termination and Effect of Cancellation, Termination, Rescission, or Fraud on Rights and Remedies - Sec. 505. (1) On cancellation of the lease contract, all...

26-1-2.1-506. Statute of Limitations - Sec. 506. (1) An action for default under a lease...

26-1-2.1-507. Proof of Market Rent; Time and Place - Sec. 507. (1) Damages based on market rent (IC 26-1-2.1-519...

26-1-2.1-508. Lessee's Remedies - Sec. 508. (1) If a lessor fails to deliver the...

26-1-2.1-509. Lessee's Rights on Improper Delivery; Rightful Rejection - Sec. 509. (1) Subject to the provisions of IC 26-1-2.1-510...

26-1-2.1-510. Installment Lease Contracts; Rejection and Default - Sec. 510. (1) Under an installment lease contract a lessee...

26-1-2.1-511. Merchant Lessee's Duties as to Rightfully Rejected Goods - Sec. 511. (1) Subject to any security interest of a...

26-1-2.1-512. Lessee's Duties as to Rightfully Rejected Goods - Sec. 512. (1) Except as otherwise provided with respect to...

26-1-2.1-513. Cure by Lessor of Improper Tender or Delivery; Replacement - Sec. 513. (1) If any tender or delivery by the...

26-1-2.1-514. Waiver of Lessee's Objections - Sec. 514. (1) In rejecting goods, a lessee's failure to...

26-1-2.1-515. Acceptance of Goods - Sec. 515. (1) Acceptance of goods occurs after the lessee...

26-1-2.1-516. Effect of Acceptance of Goods; Notice of Default; Burden of Establishing - Sec. 516. (1) A lessee must pay rent for any...

26-1-2.1-517. Revocation of Acceptance of Goods - Sec. 517. (1) A lessee may revoke acceptance of a...

26-1-2.1-518. Cover; Substitute Goods - Sec. 518. (1) After a default by a lessor under...

26-1-2.1-519. Lessee's Damages for Nondelivery, Repudiation, Default, and Breach of Warranty in Regard to Accepted Goods - Sec. 519. (1) Except as otherwise provided with respect to...

26-1-2.1-520. Lessee's Incidental and Consequential Damages - Sec. 520. (1) Incidental damages resulting from a lessor's default...

26-1-2.1-521. Lessee's Right to Specific Performance or Replevin - Sec. 521. (1) Specific performance may be decreed if the...

26-1-2.1-522. Lessee's Right to Goods on Lessor's Insolvency - Sec. 522. (1) Subject to subsection (2) and even though...

26-1-2.1-523. Lessor's Remedies - Sec. 523. (1) If a lessee wrongfully rejects or revokes...

26-1-2.1-524. Lessor's Right to Identify Goods to Lease Contract - Sec. 524. (1) After default by the lessee under the...

26-1-2.1-525. Lessor's Right to Possession of Goods - Sec. 525. (1) If a lessor discovers the lessee to...

26-1-2.1-526. Lessor's Stoppage of Delivery - Sec. 526. (1) A lessor may stop delivery of goods...

26-1-2.1-527. Lessor's Rights to Dispose of Goods - Sec. 527. (1) After a default by a lessee under...

26-1-2.1-528. Lessor's Damages for Nonacceptance or Repudiation - Sec. 528. (1) Except as otherwise provided with respect to...

26-1-2.1-529. Lessor's Action for the Rent - Sec. 529. (1) After default by the lessee under the...

26-1-2.1-530. Lessor's Incidental Damages - Sec. 530. Incidental damages to an aggrieved lessor include any...

26-1-2.1-531. Standing to Sue Third Parties for Injury to Goods - Sec. 531. (1) If a third party so deals with...

26-1-2.1-532. Recovery by Lessor for Loss of or Damage to Residual Interest - Sec. 532. In addition to any other recovery permitted by...

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Indiana Code Article 1. Uniform Commercial Code Chapter 2.1. Leases

Indiana Code
Article 1. Uniform Commercial Code
Chapter 2.1. Leases