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Can you summarize KSST Chapter 84, Article 2a?
UNIFORM COMMERCIAL CODE > LEASES
Short Summary
The provided legal document content pertains to lease contracts governed by the Kansas Statutes and the Uniform Commercial Code. It covers various aspects of lease agreements, including the rights and obligations of lessors and lessees, remedies for default, damages, risk of loss, identification of goods, disposition of goods, revocation of acceptance, specific performance, and other related matters. The documents specify the rights and responsibilities of lessors and lessees in case of default, including the right to cancel the lease contract, recover damages, withhold or stop delivery of goods, and dispose of goods. The documents also address the calculation of damages, the revocation of acceptance of goods, the identification of goods in lease contracts, and the transfer of risk of loss. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Lessors, lessees, and third parties involved in lease contracts for goods.
What does it govern?
Lease contracts, risk of loss, default, remedies, damages, identification of goods, disposition of goods, revocation of acceptance, specific performance, and other rights and obligations in lease agreements.
What are exemptions?
No specific exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Kansas