336.2A-221 CASUALTY TO IDENTIFIED GOODS.
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
section
336.2A-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 against the lessor.
History: 1989 c 232 art 1 s 2A-221