Conn. Gen. Stat. § 42-392: Time of consummation. Expiration. Termination.
Where this section sits in the code
- TITLE 42. BUSINESS, SELLING, TRADING AND COLLECTION PRACTICES
- CHAPTER 743aa*. CONSUMER LEASES
- PART I. SHORT TITLE. DEFINITIONS. GENERAL PROVISIONS
(a) Consummation of a consumer lease occurs when the lessee signs a record evidencing the lessee's contractual obligation under the lease. A lessee may consummate a consumer lease even if it is subject to subsequent credit or other approval by the lessor or an assignee of the lessor.
(b) Expiration of a consumer lease occurs at the scheduled end of the period covered by the lease.
(c) Termination of a consumer lease occurs when the lessee's right to continued possession and use of the goods ends by virtue of:
(1) Expiration of the lease;
(2) Election by one of the parties to terminate before expiration, as provided in the lease; or
(3) Agreement of the parties.
Collected 2026-09-06T19:07:14Z. Source file · JSON