Colorado § 4-2.5-102 Scope

Colorado Statutes

§ 4-2.5-102 — Scope

Colorado § 4-2.5-102

Title 04Uniform

Art.Leases

This text of Colorado § 4-2.5-102 (Scope) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 4-2.5-102 (2026).

Text

(1)This article 2.5 applies to any transaction, regardless of form, that creates a lease, and, in the case of a hybrid lease, this article 2.5 applies to the extent provided in subsection (2) of this section.

(2)In a hybrid lease:

(a)If the lease-of-goods aspects do not predominate:

(i)Only the provisions of this article 2.5 which relate primarily to the lease-of-goods aspects of the transaction apply, and the provisions that relate primarily to the transaction as a whole do not apply;

(ii)Section 4-2.5-209 applies if the lease is a finance lease; and

(iii)Section 4-2.5-407 applies to the promises of the lessee in a finance lease to the extent the promises are consideration for the right to possession and use of the leased goods; and

(b)If the lease-of-goods aspects predo

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(1) This article 2.5 applies to any transaction, regardless
of form, that creates a lease, and, in the case of a hybrid lease, this article 2.5
applies to the extent provided in subsection (2) of this section.

(2) In a hybrid lease:

(a) If the lease-of-goods aspects do not predominate:

(i) Only the provisions of this article 2.5 which relate primarily to the lease-of-goods aspects of the transaction apply, and the provisions that relate primarily
to the transaction as a whole do not apply;

(ii) Section 4-2.5-209 applies if the lease is a finance lease; and

(iii) Section 4-2.5-407 applies to the promises of the lessee in a finance lease
to the extent the promises are consideration for the right to possession and use of
the leased goods; and

(b) If the lease-of-goods aspects predominate, this article 2.5 applies to the
transaction but does not preclude application in appropriate circumstances of other
law to aspects of the lease which do not relate to the lease of goods.

Legislative History

Source: L. 91: Entire article added, p. 272, � 1, effective July 1, 1992. L. 2023: Entire section amended, (SB 23-090), ch. 136, p. 528, � 12, effective August 7.