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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. § 42a-2A-607: Irrevocable promises: Finance leases.

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Where this section sits in the code
  1. TITLE 42a. UNIFORM COMMERCIAL CODE
  2. ARTICLE 2A. LEASES
  3. PART 6. PERFORMANCE OF LEASE CONTRACT: REPUDIATION, SUBSTITUTION AND EXCUSE

(a) In a finance lease that is not a consumer lease, the lessee's promises under the lease contract become irrevocable and independent upon the lessee's acceptance of the goods.

(b) A promise that has become irrevocable and independent under subsection (a) of this section:

(1) Is effective and enforceable between the parties and by or against third parties including assignees of the parties; and

(2) Is not subject to cancellation, termination, modification, repudiation, excuse or substitution without the consent of the party to which the promise runs.

(c) This section does not affect the validity under any other law of a covenant in any lease agreement making the lessee's promises irrevocable and independent upon the lessee's acceptance of the goods.

Collected 2026-09-06T19:07:14Z. Source file · JSON

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