Colorado Statutes
§ 4-2.5-221 — Casualty to identified goods
Colorado § 4-2.5-221
This text of Colorado § 4-2.5-221 (Casualty to identified goods) 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. § 4-2.5-221 (2026).
Text
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 4-2.5-219, then:
(a)If the loss is total, the lease contract is avoided; and
(b)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 or her 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
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Legislative History
Source: L. 91: Entire article added, p. 288, � 1, effective July 1, 1992.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faithCite This Page — Counsel Stack
Bluebook (online)
Colorado § 4-2.5-221, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/04/4-2.5-221.