Connecticut § 42-392 Time of consummation. Expiration. Termination.

Connecticut Statutes

§ 42-392 — Time of consummation. Expiration. Termination.

Connecticut § 42-392

Title 42Business, Selling, Trading and Collection Practices

Ch. 743aaConsumer Leases

This text of Connecticut § 42-392 (Time of consummation. Expiration. Termination.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 42-392 (2026).

Text

(a)Consummation of a consumer lease occurs when the lessee signs a record evidencing the lessee's contractual obligation under the lease. A lessee may consummate a consumer lease even if it is subject to subsequent credit or other approval by the lessor or an assignee of the lessor.

(b)Expiration of a consumer lease occurs at the scheduled end of the period covered by the lease.

(c)Termination of a consumer lease occurs when the lessee's right to continued possession and use of the goods ends by virtue of:

(1)Expiration of the lease;

(2)Election by one of the parties to terminate before expiration, as provided in the lease; or (3) Agreement of the parties.

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(a) Consummation of a consumer lease occurs when the lessee signs a record evidencing the lessee's contractual obligation under the lease. A lessee may consummate a consumer lease even if it is subject to subsequent credit or other approval by the lessor or an assignee of the lessor. (b) Expiration of a consumer lease occurs at the scheduled end of the period covered by the lease. (c) Termination of a consumer lease occurs when the lessee's right to continued possession and use of the goods ends by virtue of: (1) Expiration of the lease; (2) Election by one of the parties to terminate before expiration, as provided in the lease; or (3) Agreement of the parties.