{"data":{"id":"us-pa/13-pa.c.s.-2a407","jurisdiction":"us-pa","citation":"13 Pa.C.S. § 2A407","heading":"Irrevocable promises: finance leases.","body":"(a) General rule.--In the case of 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.\n(b) Effect of irrevocable and independent promise.--A promise that has become irrevocable and independent under subsection (a):\n(1) is effective and enforceable between the parties, and by or against third parties including assignees of the parties; and\n(2) is not subject to cancellation, termination, modification, repudiation, excuse or substitution without the consent of the party to whom the promise runs.\n(c) Limitation on applicability of section.--This section does not affect the validity under any other law of a covenant in any lease contract making the lessee's promises irrevocable and independent upon the lessee's acceptance of the goods.","path":["Title 13 - COMMERCIAL CODE","CHAPTER 2A4 PERFORMANCE OF LEASE CONTRACT: REPUDIATED, SUBSTITUTED AND EXCUSED"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=13\u0026div=0\u0026chpt=0\u0026sctn=0\u0026subsctn=0","current_through":"2025-12-01 (Statute Update stamp, 13 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:03Z","sha256":"a59cc37b35f2c4416b947c4f299205d069b57144122b74eec7ba5be407f2467e","source_id":"us-pa","stale":false,"prev":"us-pa/13-pa.c.s.-2a406","next":"us-pa/13-pa.c.s.-2a501"},"notice":"GroundRules: Original legal text. Not legal advice."}