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Can you summarize 42a CTGS Article 2A?
Uniform Commercial Code - Articles 1 to 10 (Secs. 42a-1-101 to 42a-10-109) > Leases - Secs. 42a-2A-101 to 42a-2A-737
Short Summary
This legal document, part of the General Statutes of Connecticut and the Uniform Commercial Code, specifically addresses leases under the Uniform Commercial Code - Articles 1 to 10. It provides definitions for various terms used in lease contracts and outlines the requirements for enforceability of lease contracts. The document also addresses the rights and obligations of lessors and lessees, the transfer of leasehold interests, the risk of loss, warranties, default procedures, and remedies in case of default. It further discusses the rights of creditors, the formation of lease contracts through electronic means, and the termination and survival of obligations in lease contracts. The document does not mention any specific exemptions or penalties. Overall, it provides comprehensive guidelines and regulations for parties involved in lease contracts, ensuring fair and enforceable agreements.
Whom does it apply to?
Parties involved in lease contracts, including lessors, lessees, and suppliers
What does it govern?
Leases under the Uniform Commercial Code - Articles 1 to 10
What are exemptions?
No specific exemptions are mentioned in this document.
What are the Penalties?
No specific penalties are mentioned in this document.
Jurisdiction
Connecticut