LRC Seal

Kentucky Revised Statutes

List by Section

Statutes Last Updated January 20, 2010

Includes Enactments through the 2009 Extraordinary Session
This page was produced on 1/21/2010 at 8:36:01 AM

Terms & Conditions | PDF Viewer

KRS Chapter 355.02A

Part 1.  General Provisions.

  • .101   Short title.

  • .102   Scope.

  • .103   Definitions and index of definitions.

  • .104   Lease subject to other law.

  • .105   Territorial application of article to goods covered by certificate of title.

  • .106   Limitation on power of parties to consumer lease to choose applicable law and judicial forum.

  • .107   Waiver or renunciation of claim or right after default.

  • .108   Unconscionability.

  • .109   Option to accelerate at will.

  • .110   Use of comments.

    • Part 2.  Formation and Construction of Lease Contract

  • .201   Statute of frauds.

  • .202   Final written expression -- Parol or extrinsic evidence.

  • .203   Seals inoperative.

  • .204   Formation in general.

  • .205   Firm offers.

  • .206   Offer and acceptance in formation of lease contract.

  • .207   Repealed, 2006.

  • .208   Modification, rescission and waiver.

  • .209   Lessee under finance lease as beneficiary of supply contract.

  • .210   Express warranties.

  • .211   Warranties against interference and against infringement -- Lessee's obligation against infringement.

  • .212   Implied warranty of merchantability.

  • .213   Implied warranty of fitness for particular purpose.

  • .214   Exclusion or modification of warranties.

  • .215   Cumulation and conflict of warranties express or implied.

  • .216   Third-party beneficiaries of express and implied warranties.

  • .217   Identification.

  • .218   Insurance and proceeds.

  • .219   Risk of loss.

  • .220   Effect of default on risk of loss.

  • .221   Casualty to identified goods.

    • Part 3.  Effect of Lease Contract

  • .301   Enforceability of lease contract.

  • .302   Title to and possession of goods.

  • .303   Alienability of party's interest under lease contract or of lessor's residual interest in goods -- Delegation of performance -- Transfer of rights.

  • .304   Subsequent lease of goods by lessor.

  • .305   Sale or sublease of goods by lessee.

  • .306   Priority of certain liens arising by operation of law.

  • .307   Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.

  • .308   Special rights of creditors.

  • .309   Lessor's and lessee's rights when goods become fixtures.

  • .310   Lessor's and lessee's rights when goods become accessions.

  • .311   Priority subject to subordination.

    • Part 4.  Performance of Lease Contract:

  • .401   Insecurity: adequate assurance of performance.

  • .402   Anticipatory repudiation.

  • .403   Retraction of anticipatory repudiation.

  • .404   Substituted performance.

  • .405   Excused performances.

  • .406   Procedure on excused performance.

  • .407   Irrevocable promises: finance leases.

    • A.  In General

  • .501   Default procedure.

  • .502   Notice after default.

  • .503   Modification or impairment of rights and remedies.

  • .504   Liquidation of damages.

  • .505   Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies.

  • .506   Statute of limitations.

  • .507   Proof of market rent: time and place.

    • B.  Default by Lessor

  • .508   Lessee's remedies.

  • .509   Lessee's rights on improper delivery -- Rightful rejection.

  • .510   Installment lease contracts: rejection and default.

  • .511   Merchant lessee's duties as to rightfully rejected goods.

  • .512   Lessee's duties as to rightfully rejected goods.

  • .513   Cure by lessor of improper tender or delivery -- Replacement.

  • .514   Waiver of lessee's objections.

  • .515   Acceptance of goods.

  • .516   Effect of acceptance of goods -- Notice of default -- Burden of establishing default after acceptance -- Notice of claim or litigation to person answerable over.

  • .517   Revocation of acceptance of goods.

  • .518   Cover -- Substitute goods.

  • .519   Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods.

  • .520   Lessee's incidental and consequential damages.

  • .521   Lessee's right to specific performance or replevin.

  • .522   Lessee's right to goods on lessor's insolvency.

    • C.  Default by Lessee

  • .523   Lessor's remedies.

  • .524   Lessor's right to identify goods to lease contract.

  • .525   Lessor's right to possession of goods.

  • .526   Lessor's stoppage of delivery in transit or otherwise.

  • .527   Lessor's rights to dispose of goods.

  • .528   Lessor's damages for nonacceptance, failure to pay repudiation, or other default.

  • .529   Lessor's action for rent.

  • .530   Lessor's incidental damages.

  • .531   Standing to sue third parties for injury to goods.

  • .532   Lessor's rights to residual interest.

    • Previous Chapter |Next Chapter | Title Headings

    End Of Page