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336.2A-209 LESSEE UNDER FINANCE LEASE AS BENEFICIARY OF SUPPLY
CONTRACT.
(1) The benefit of a supplier's promises to the lessor under the supply contract and of all
warranties, whether express or implied, including those of any third party provided in connection
with or as part of the supply contract, extends to the lessee to the extent of the lessee's leasehold
interest under a finance lease related to the supply contract, but is subject to the terms of the
warranty and of the supply contract and all defenses or claims arising from the supply contract.
(2) The extension of the benefit of a supplier's promises and of warranties to the lessee
(section 336.2A-209(1)) does not: (i) modify the rights and obligations of the parties to the
supply contract, whether arising from the supply contract or otherwise, or (ii) impose any duty or
liability under the supply contract on the lessee.
(3) Any modification or rescission of the supply contract by the supplier and the lessor is
effective between the supplier and the lessee unless, before the modification or rescission, the
supplier has received notice that the lessee has entered into a finance lease related to the supply
contract. If the modification or rescission is effective between the supplier and the lessee, the
lessor is deemed to have assumed, in addition to the obligations of the lessor to the lessee under
the lease contract, promises of the supplier to the lessor and warranties that were so modified or
rescinded as they existed and were available to the lessee before modification or rescission.
(4) In addition to the extension of the benefit of the supplier's promises and of warranties to
the lessee under subsection (1), the lessee retains all rights that the lessee may have against the
supplier that arise from an agreement between the lessee and the supplier or under other law.
History: 1989 c 232 art 1 s 2A-209; 1991 c 171 art 1 s 2

Official Publication of the State of Minnesota
Revisor of Statutes