CHAPTER 4. Performance of Leased Contract: Repudiated, Substituted, and Excused [10401. - 10407.]

Chapter 4 added by Stats. 1988, Ch. 1359, Sec. 5.

§§ 10401–10407 · 7 sections

• § 10401 (a) A lease contract imposes an obligation on each party that the other’s expectation of receiving due performance will not be impaired. (b) If reasonable…
• § 10402 (a) If either party repudiates a lease contract, other than a consumer lease, with respect to a performance not yet due under the lease contract, the loss of…
• § 10403 (a) Until the repudiating party’s next performance is due, the repudiating party can retract the repudiation unless, since the repudiation, the aggrieved party…
• § 10404 (a) If without fault of the lessee, the lessor, and the supplier, the agreed berthing, loading, or unloading facilities fail or the agreed type of carrier…
• § 10405 Subject to Section 10404 on substituted performance, the following rules apply: (1) Delay in delivery or nondelivery in whole or in part by a lessor or a…
• § 10406 (a) If the lessee receives notification of a material or indefinite delay or an allocation justified under Section 10405, the lessee may by written…
• § 10407 (a) In the case of a finance lease that is not a consumer lease the lessee’s promises under the lease contract become irrevocable and independent upon the…