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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Except as otherwise provided in subsection (b) of this section, on the termination of a lease contract, all obligations that are still executory on both sides are discharged.
(b) The following survive termination of a lease contract:
(1) A right based on a previous default or performance of the lease contract;
(2) A term limiting the scope, manner, method or location of the exercise of rights in the goods;
(3) An obligation of confidentiality, nondisclosure or noncompetition;
(4) A choice of law or forum;
(5) An obligation to return or dispose of goods or return any unearned part of the rent;
(6) An obligation to arbitrate or otherwise resolve disputes through alternative dispute resolution procedures;
(7) A term limiting the time for bringing an action or for providing notice;
(8) An indemnity term;
(9) A limitation of remedy or disclaimer of warranty;
(10) An obligation to provide an accounting and make any payment due under the accounting;
(11) Other rights, remedies or limitations stated in the agreement as surviving to the extent enforceable under applicable law; and
(12) Other rights, remedies or limitations if in the circumstances their survival is necessary to achieve the purposes of the parties.
Cite this article: FindLaw.com - Connecticut General Statutes Title 42A. Uniform Commercial Code § 42a-2A-308 § 42a-2A-308. Termination; survival of obligations - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-42a-uniform-commercial-code/ct-gen-st-sect-42a-2a-308/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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