View Our Newest Version Here

2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 2A2 - Formation and Construction of Lease Contract
Section 2A221 - Casualty to identified goods

     § 2A221.  Casualty to identified goods.
        If a lease contract requires goods identified when the lease
     contract is made, and the goods suffer casualty without fault of
     the lessee, the lessor or the supplier before delivery, or the
     goods suffer casualty before risk of loss passes to the lessee
     pursuant to the lease agreement or section 2A219 (relating to
     risk of loss), then:
            (1)  if the loss is total, the lease contract is avoided;
        and
            (2)  if the loss is partial or the goods have so
        deteriorated as to no longer conform to the lease contract,
        the lessee may nevertheless demand inspection and at his
        option either treat the lease contract as avoided or, except
        in a finance lease that is not a consumer lease, accept the
        goods with due allowance from the rent payable for the
        balance of the lease term for the deterioration or the
        deficiency in quantity but without further right against the
        lessor.

Disclaimer: These codes may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.