Kansas Statutes

§ 84-2a-503 — Modification or impairment of rights and remedies

Kansas·Ch. 84 UNIFORM COMMERCIAL CODE·Art. 2a LEASES
(1)Except as otherwise provided in this article, the lease agreement may include rights and remedies for default in addition to or in substitution for those provided in this article and may limit or alter the measure of damages recoverable under this article.
(2)Resort to a remedy provided under this article or in the lease agreement is optional unless the remedy is expressly agreed to be exclusive. If circumstances cause an exclusive or limited remedy to fail of its essential purpose, or provision for an exclusive remedy is unconscionable, remedy may be had as provided in this article.
(3)Consequential damages may be liquidated under K.S.A. 84-2a-503 [84-2a-504], or may otherwise be limited, altered or excluded unless the limitation, alteration or exclusion is unconscionable. Limitatio

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Legislative History

L. 1991, ch. 295, § 51; February 1, 1992.

Nearby Sections

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