Title 70A Chapter 2a Section 204
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Uniform Commercial Code | |
Uniform Commercial Code - Leases | |
Section 204 | Formation in general. |
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70A-2a-204. Formation in general.
(1) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of a lease contract. (2) An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined. (3) Although one or more terms are left open, a lease contract does not fail for indefiniteness if the parties have intended to make a lease contract and there is a reasonably certain basis for giving an appropriate remedy. Enacted by Chapter 197, 1990 General Session | |
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