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Can you summarize UTCO Title 70A, Chapter 2a?
Uniform Commercial Code > Uniform Commercial Code - Leases
Short Summary
The provided legal document content covers various aspects of lease contracts and transactions involving goods. The first document governs the rights of lessors and lessees when goods become accessions or fixtures. The second document addresses the special rights of creditors of lessors and sellers in possession of goods subject to a lease contract or a contract for sale. The third document governs the sale or sublease of goods by a lessee. The fourth document pertains to the subsequent lease of goods by a lessor. The fifth document governs the transfer of a party’s interest under a lease contract or the lessor’s residual interest in goods. These documents provide guidance and regulations for various aspects of lease contracts and aim to ensure clarity and enforceability in lease transactions.
Whom does it apply to?
Consumers, dealers, lessees, lessors, and manufacturers of assistive technology
What does it govern?
Various aspects of lease agreements and lease disputes
What are exemptions?
No specific exemptions or penalties are mentioned in these documents
What are the Penalties?
No specific penalties are mentioned in these documents
Jurisdiction
Utah