Article 2A

LEASES

Sections

PART 1
GENERAL PROVISIONS
HTMLPDF 62A.2A-101Short title.
HTMLPDF 62A.2A-102Scope.
HTMLPDF 62A.2A-103Definitions and index of definitions.
HTMLPDF 62A.2A-104Leases subject to other law.
HTMLPDF 62A.2A-105Territorial application of article to goods covered by certificate of title.
HTMLPDF 62A.2A-106Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
HTMLPDF 62A.2A-107Waiver or renunciation of claim or right after default.
HTMLPDF 62A.2A-108Unconscionability.
PART 2
FORMATION AND CONSTRUCTION OF LEASE CONTRACT
HTMLPDF 62A.2A-201Statute of frauds.
HTMLPDF 62A.2A-202Final written expression: Parol or extrinsic evidence.
HTMLPDF 62A.2A-203Seals inoperative.
HTMLPDF 62A.2A-204Formation in general.
HTMLPDF 62A.2A-205Firm offers.
HTMLPDF 62A.2A-206Offer and acceptance in formation of lease contract.
HTMLPDF 62A.2A-208Modification, rescission, and waiver.
HTMLPDF 62A.2A-209Lessee under finance lease as beneficiary of supply contract.
HTMLPDF 62A.2A-210Express warranties.
HTMLPDF 62A.2A-211Warranties against interference and against infringement; lessee's obligation against infringement.
HTMLPDF 62A.2A-212Implied warranty of merchantability.
HTMLPDF 62A.2A-213Implied warranty of fitness for particular purpose.
HTMLPDF 62A.2A-214Exclusion or modification of warranties.
HTMLPDF 62A.2A-215Cumulation and conflict of warranties express or implied.
HTMLPDF 62A.2A-216Third party beneficiaries of express and implied warranties.
HTMLPDF 62A.2A-217Identification.
HTMLPDF 62A.2A-218Insurance and proceeds.
HTMLPDF 62A.2A-219Risk of loss.
HTMLPDF 62A.2A-220Effect of default on risk of loss.
HTMLPDF 62A.2A-221Casualty to identified goods.
PART 3
EFFECT OF LEASE CONTRACT
HTMLPDF 62A.2A-301Enforceability of lease contract.
HTMLPDF 62A.2A-302Title to and possession of goods.
HTMLPDF 62A.2A-303Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.
HTMLPDF 62A.2A-304Subsequent lease of goods by lessor.
HTMLPDF 62A.2A-305Sale or sublease of goods by lessee.
HTMLPDF 62A.2A-306Priority of certain liens arising by operation of law.
HTMLPDF 62A.2A-307Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
HTMLPDF 62A.2A-308Special rights of creditors.
HTMLPDF 62A.2A-309Lessor's and lessee's rights when goods become fixtures.
HTMLPDF 62A.2A-310Lessor's and lessee's rights when goods become accessions.
HTMLPDF 62A.2A-311Priority subject to subordination.
PART 4
PERFORMANCE OF LEASE CONTRACT:
REPUDIATED, SUBSTITUTED, AND EXCUSED
HTMLPDF 62A.2A-401Insecurity: Adequate assurance of performance.
HTMLPDF 62A.2A-402Anticipatory repudiation.
HTMLPDF 62A.2A-403Retraction of anticipatory repudiation.
HTMLPDF 62A.2A-404Substituted performance.
HTMLPDF 62A.2A-405Excused performance.
HTMLPDF 62A.2A-406Procedure on excused performance.
HTMLPDF 62A.2A-407Irrevocable promises: Finance leases.
PART 5
A. DEFAULT IN GENERAL
HTMLPDF 62A.2A-501Default: Procedure.
HTMLPDF 62A.2A-502Notice after default.
HTMLPDF 62A.2A-503Modification or impairment of rights and remedies.
HTMLPDF 62A.2A-504Liquidation of damages.
HTMLPDF 62A.2A-505Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies.
HTMLPDF 62A.2A-506Statute of limitations.
HTMLPDF 62A.2A-507Proof of market rent: Time and place.
B. DEFAULT BY LESSOR
HTMLPDF 62A.2A-508Lessee's remedies.
HTMLPDF 62A.2A-509Lessee's rights on improper delivery; rightful rejection.
HTMLPDF 62A.2A-510Installment lease contracts: Rejection and default.
HTMLPDF 62A.2A-511Merchant lessee's duties as to rightfully rejected goods.
HTMLPDF 62A.2A-512Lessee's duties as to rightfully rejected goods.
HTMLPDF 62A.2A-513Cure by lessor of improper tender or delivery; replacement.
HTMLPDF 62A.2A-514Waiver of lessee's objections.
HTMLPDF 62A.2A-515Acceptance of goods.
HTMLPDF 62A.2A-516Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
HTMLPDF 62A.2A-517Revocation of acceptance of goods.
HTMLPDF 62A.2A-518Cover; substitute goods.
HTMLPDF 62A.2A-519Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods.
HTMLPDF 62A.2A-520Lessee's incidental and consequential damages.
HTMLPDF 62A.2A-521Lessee's right to specific performance or replevin.
HTMLPDF 62A.2A-522Lessee's right to goods on lessor's insolvency.
C. DEFAULT BY LESSEE
HTMLPDF 62A.2A-523Lessor's remedies.
HTMLPDF 62A.2A-524Lessor's right to identify goods to lease contract.
HTMLPDF 62A.2A-525Lessor's right to possession of goods.
HTMLPDF 62A.2A-526Lessor's stoppage of delivery in transit or otherwise.
HTMLPDF 62A.2A-527Lessor's rights to dispose of goods.
HTMLPDF 62A.2A-528Lessor's damages for nonacceptance, failure to pay, repudiation, or other default.
HTMLPDF 62A.2A-529Lessor's action for the rent.
HTMLPDF 62A.2A-530Lessor's incidental damages.
HTMLPDF 62A.2A-531Standing to sue third parties for injury to goods.
HTMLPDF 62A.2A-532Lessor's rights to residual interest.