Connecticut § 42-394 Characterization of lease. Applicability by agreement.

Connecticut Statutes

§ 42-394 — Characterization of lease. Applicability by agreement.

Connecticut § 42-394

Title 42Business, Selling, Trading and Collection Practices

Ch. 743aaConsumer Leases

This text of Connecticut § 42-394 (Characterization of lease. Applicability by agreement.) 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. § 42-394 (2026).

Text

(a)A consumer lease may not be deemed a credit sale, loan or security interest to make the transaction subject to coverage by other law in lieu of sections 42-270 to 42-271a, inclusive, and 42-390 to 42-434, inclusive.

(b)The parties to a lease that is not subject to sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive, may agree in the lease, or in a contemporaneous record, that sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive, apply to the lease.

(c)The parties to a consumer lease may not agree that the transaction is governed by other law in lieu of sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive.

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(a) A consumer lease may not be deemed a credit sale, loan or security interest to make the transaction subject to coverage by other law in lieu of sections 42-270 to 42-271a, inclusive, and 42-390 to 42-434, inclusive. (b) The parties to a lease that is not subject to sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive, may agree in the lease, or in a contemporaneous record, that sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive, apply to the lease. (c) The parties to a consumer lease may not agree that the transaction is governed by other law in lieu of sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive.