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2016 Statute



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84-2a-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.

History: L. 1991, ch. 295, § 13; Feb. 1, 1992.



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2017. Powered by KLISS. Rendered: 2017-10-18T02:41:33. Head Rev No: 273998