Minnesota Statutes

§ 336.2A-221 — 336.2A-221 CASUALTY TO IDENTIFIED GOODS.

Minnesota § 336.2A-221
JurisdictionMinnesota
PartTRADE REGULATIONS, CONSUMER PROTECTION
Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.2A-221 (336.2A-221 CASUALTY TO IDENTIFIED GOODS.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 336.2A-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 section336.2A-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 the lessee's option either treat the lease contract as avoided or, except in a finance 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 quantity but without further right ag

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Legislative History

1989 c 232 art 1 s 2A-221

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Minnesota § 336.2A-221, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336/336.2A-221.