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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter25. Uniform Commercial Code. |
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Article2A. Leases |
| Part 1. GENERAL PROVISIONS |
| § 25-2A-101. Short title |
| § 25-2A-102. Scope |
| § 25-2A-103. Definitions and index of definitions |
| § 25-2A-104. Leases subject to other law |
| § 25-2A-105. Territorial application of Article to goods covered by certificate of title |
| § 25-2A-106. Limitation on power of parties to consumer lease to choose applicable law and judicial forum |
| § 25-2A-107. Waiver or renunciation of claim or right after default |
| § 25-2A-108. Unconscionability |
| § 25-2A-109. Option to accelerate at will |
| Part 2. FORMATION AND CONSTRUCTION OF LEASE CONTRACT |
| § 25-2A-201. Statute of frauds |
| § 25-2A-202. Final written expression: parol or extrinsic evidence |
| § 25-2A-203. Seals inoperative |
| § 25-2A-204. Formation in general |
| § 25-2A-205. Firm offers |
| § 25-2A-206. Offer and acceptance in formation of lease contract |
| § 25-2A-207. Repealed by Session Laws 2006-112, s. 6, effective October 1, 2006 |
| § 25-2A-208. Modification, rescission and waiver |
| § 25-2A-209. Lessee under finance lease as beneficiary of supply contract |
| § 25-2A-210. Express warranties |
| § 25-2A-211. Warranties against interference and against infringement; lessee's obligation against infringement |
| § 25-2A-212. Implied warranty of merchantability |
| § 25-2A-213. Implied warranty of fitness for particular purpose |
| § 25-2A-214. Exclusion or modification of warranties |
| § 25-2A-215. Cumulation and conflict of warranties express or implied |
| § 25-2A-216. Third-party beneficiaries of express and implied warranties |
| § 25-2A-217. Identification |
| § 25-2A-218. Insurance and proceeds |
| § 25-2A-219. Risk of loss |
| § 25-2A-220. Effect of default on risk of loss |
| § 25-2A-221. Casualty to identified goods |
| Part 3. EFFECT OF LEASE CONTRACT |
| § 25-2A-301. Enforceability of lease contract |
| § 25-2A-302. Title to and possession of goods |
| § 25-2A-303. Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights |
| § 25-2A-304. Subsequent lease of goods by lessor |
| § 25-2A-305. Sale or sublease of goods by lessee |
| § 25-2A-306. Priority of certain liens arising by operation of law |
| § 25-2A-307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods |
| § 25-2A-308. Special rights of creditors |
| § 25-2A-309. Lessor's and lessee's rights when goods become fixtures |
| § 25-2A-310. Lessor's and lessee's rights when goods become accessions |
| Part 4. PERFORMANCE OF LEASE CONTRACT: REPUDIATED, SUBSTITUTED, AND EXCUSED |
| § 25-2A-401. Insecurity: adequate assurance of performance |
| § 25-2A-402. Anticipatory repudiation |
| § 25-2A-403. Retraction of anticipatory repudiation |
| § 25-2A-404. Substituted performance |
| § 25-2A-405. Excused performance |
| § 25-2A-406. Procedure on excused performance |
| § 25-2A-407. Irrevocable promises: finance leases |
| Part 5. DEFAULT |
| SUBPART A. In General. |
| § 25-2A-501. Default: procedure |
| § 25-2A-502. Notice after default |
| § 25-2A-503. Modification or impairment of rights and remedies |
| § 25-2A-504. Liquidation of damages |
| § 25-2A-505. Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies |
| § 25-2A-506. Statute of limitations |
| § 25-2A-507. Proof of market rent: time and place |
| SUBPART B. Default by Lessor. |
| § 25-2A-508. Lessee's remedies |
| § 25-2A-509. Lessee's rights on improper delivery; rightful rejection |
| § 25-2A-510. Installment lease contracts; rejection and default |
| § 25-2A-511. Merchant lessee's duties as to rightfully rejected goods |
| § 25-2A-512. Lessee's duties as to rightfully rejected goods |
| § 25-2A-513. Cure by lessor of improper tender or delivery; replacement |
| § 25-2A-514. Waiver of lessee's objections |
| § 25-2A-515. Acceptance of goods |
| § 25-2A-516. Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over |
| § 25-2A-517. Revocation of acceptance of goods |
| § 25-2A-518. Cover; substitute goods |
| § 25-2A-519. Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods |
| § 25-2A-520. Lessee's incidental and consequential damages |
| § 25-2A-521. Lessee's right to specific performance or replevin |
| § 25-2A-522. Lessee's right to goods on lessor's insolvency |
| SUBPART C. Default by Lessee. |
| § 25-2A-523. Lessor's remedies |
| § 25-2A-524. Lessor's right to identify goods to lease contract |
| § 25-2A-525. Lessor's right to possession of goods |
| § 25-2A-526. Lessor's stoppage of delivery in transit or otherwise |
| § 25-2A-527. Lessor's rights to dispose of goods |
| § 25-2A-528. Lessor's damages for nonacceptance, failure to pay, repudiation, or other default |
| § 25-2A-529. Lessor's action for the rent |
| § 25-2A-530. Lessor's incidental damages |
| § 25-2A-531. Standing to sue third parties for injury to goods |
| § 25-2A-532. Lessor's rights to residual interest |