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Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 42-392: Time of consummation. Expiration. Termination.

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Where this section sits in the code
  1. TITLE 42. BUSINESS, SELLING, TRADING AND COLLECTION PRACTICES
  2. CHAPTER 743aa*. CONSUMER LEASES
  3. 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

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