reglab/housing_qa huggingface dataset:
CO Code § 4-2.5-515 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-515. Acceptance of Goods

  Acceptance of goods occurs after the lessee has had a reasonable opportunity to inspect the goods and:   The lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conforming or that the lessee will take or retain them in spite of their nonconformity; or    The lessee fails to make an effective rejection of the goods (section 4-2.5-509 (2)).       Acceptance of a part of any commercial unit is acceptance of that entire unit.     History. Source: L. 91: Entire article added, p. 308, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-606.   Changes: The provisions of Section 2-606(1)(a) were substantially rewritten to provide that the lessee's conduct may signify acceptance. Further, the provisions of Section 2-606(1)(c) were not incorporated as irrelevant given the lessee's possession and use of the leased goods.   Cross References:   Sections 2-606(1)(a) and 2-606(1)(c).   Definitional Cross References:   “Commercial unit”. Section 2A-103(1)(c).   “Conforming”. Section 2A-103(1)(d).   “Goods”. Section 2A-103(1)(h).   “Lessee”. Section 2A-103(1)(n).   “Lessor”. Section 2A-103(1)(p).   “Supplier”. Section 2A-103(1)(x).
CO Code § 4-2.5-520 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-520. Lessee's Incidental and Consequential Damages

  Incidental damages resulting from a lessor's default include expenses reasonably incurred in inspection, receipt, transportation, and care and custody of goods rightfully rejected or goods the acceptance of which is justifiably revoked, any commercially reasonable charges, expenses or commissions in connection with effecting cover, and any other reasonable expense incident to the default.    Consequential damages resulting from a lessor's default include:   Any loss resulting from general or particular requirements and needs of which the lessor at the time of contracting had reason to know and which could not reasonably be prevented by cover or otherwise; and    Injury to person or property proximately resulting from any breach of warranty.        History. Source: L. 91: Entire article added, p. 311, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-715.   Changes: Revised to reflect leasing terminology and practices.   Purposes:   Subsection (1), a revised version of the provisions of Section 2-715(1), lists some examples of incidental damages resulting from a lessor's default; the list is not exhaustive. Subsection (1) makes clear that it applies not only to rightful rejection, but also to justifiable revocation.   Subsection (2), a revised version of the provisions of Section 2-715(2), lists some examples of consequential damages resulting from a lessor's default; the list is not exhaustive.   Cross Reference:   Section 2-715.   Definitional Cross References:   “Goods”. Section 2A-103(1)(h).   “Knows”. Section 1-201(25).   “Lessee”. Section 2A-103(1)(n).   “Lessor”. Section 2A-103(1)(p).   “Person”. Section 1-201(30).   “Receipt”. Section 2-103(1)(c).
CO Code § 4-2.5-521 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-521. Lessee's Right to Specific Performance or Replevin

  Specific performance may be decreed if the goods are unique or in other proper circumstances.    A decree for specific performance may include any terms and conditions as to payment of the rent, damages, or other relief that the court deems just.    A lessee has a right of replevin, detinue, sequestration, claim and delivery, or the like for goods identified to the lease contract if after reasonable effort the lessee is unable to effect cover for those goods or the circumstances reasonably indicate that the effort will be unavailing.     History. Source: L. 91: Entire article added, p. 312, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-716.   Changes: Revised to reflect leasing practices and terminology, and to expand the reference to the right of replevin in subsection (3) to include other similar rights of the lessee.   Definitional Cross References:   “Delivery”. Section 1-201(14).   “Goods”. Section 2A-103(1)(h).   “Lease contract”. Section 2A-103(1)(l).   “Lessee”. Section 2A-103(1)(n).   “Rights”. Section 1-201(36).   “Term”. Section 1-201(42).
CO Code § 4-2.5-522 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-522. Lessee's Right to Goods on Lessor's Insolvency

  Subject to subsection (2) of this section and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract (section 4-2.5-217) on making and keeping good a tender of any unpaid portion of the rent and security due under the lease contract may recover the goods identified from the lessor if the lessor becomes insolvent within ten days after receipt of the first installment of rent and security.    A lessee acquires the right to recover goods identified to a lease contract only if they conform to the lease contract.     History. Source: L. 91: Entire article added, p. 312, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-502.   Changes: Revised to reflect leasing practices and terminology.   Definitional Cross References:   “Conforming”. Section 2A-103(1)(d).   “Goods”. Section 2A-103(1)(h).   “Insolvent”. Section 1-201(23).   “Lease contract”. Section 2A-103(1)(l).   “Lessee”. Section 2A-103(1)(n).   “Lessor”. Section 2A-103(1)(p).   “Receipt”. Section 2-103(1)(c).   “Rights”. Section 1-201(36).
CO Code § 4-2.5-524 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-524. Lessor's Right to Identify Goods to Lease Contract

  A lessor aggrieved under section 4-2.5-523 (1) may:   Identify to the lease contract conforming goods not already identified if at the time the lessor learned of the default they were in the lessor's or the supplier's possession or control; and    Dispose of goods (section 4-2.5-527 (1)) that demonstrably have been intended for the particular lease contract even though those goods are unfinished.       If the goods are unfinished, in the exercise of reasonable commercial judgment for the purposes of avoiding loss and of effective realization, an aggrieved lessor or the supplier may either complete manufacture and wholly identify the goods to the lease contract or cease manufacture and lease, sell, or otherwise dispose of the goods for scrap or salvage value or proceed in any other reasonable manner.     History. Source: L. 91: Entire article added, p. 313, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-704.   Changes: Revised to reflect leasing practices and terminology.   Purposes: The remedies provided by this section are available to the lessor (i) if there has been a default by the lessee which falls within Section 2A-523(1) or 2A-523(3)(a), or (ii) if there has been any other default for which the lease contract gives the lessor the remedies provided by this section. Under “(ii)”, the lease contract may give the lessor the remedies of identification and disposition provided by this section in various ways. For example, a lease provision might specifically refer to the remedies of identification and disposition, or it might refer to this section by number (i.e., 2A-524), or it might do so by a more general reference such as “all rights and remedies provided by Article 2A for default by the lessee.”   Definitional Cross References:   “Aggrieved party”. Section 1-201(2).   “Conforming”. Section 2A-103(1)(d).   “Goods”. Section 2A-103(1)(h).   “Learn”. Section 1-201(25).   “Lease”. Section 2A-103(1)(j).   “Lease contract”. Section 2A-103(1)(l).   “Lessor”. Section 2A-103(1)(p).   “Rights”. Section 1-201(36).   “Supplier”. Section 2A-103(1)(x).   “Value”. Section 1-201(44).
CO Code § 4-2.5-526 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-526. Lessor's Stoppage of Delivery in Transit or Otherwise

  A lessor may stop delivery of goods in the possession of a carrier or other bailee if the lessor discovers the lessee to be insolvent and may stop delivery of carload, truckload, planeload, or larger shipments of express or freight if the lessee repudiates or fails to make a payment due before delivery, whether for rent, security or otherwise under the lease contract, or for any other reason the lessor has a right to withhold or take possession of the goods.    In pursuing its remedies under subsection (1) of this section, the lessor may stop delivery until:   Receipt of the goods by the lessee;    Acknowledgment to the lessee by any bailee of the goods, except a carrier, that the bailee holds the goods for the lessee; or    Such an acknowledgment to the lessee by a carrier via reshipment or as a warehouse.         After notification, the bailee shall hold and deliver the goods according to the directions of the lessor, but the lessor is liable to the bailee for any ensuing charges or damages.    A carrier who has issued a nonnegotiable bill of lading is not obliged to obey a notification to stop received from a person other than the consignor.         History. Source: L. 91: Entire article added, p. 314, § 1, effective July 1, 1992. L. 2006: (2) amended, p. 494, § 21, effective September 1.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-705.   Changes: Revised to reflect leasing practices and terminology.   Definitional Cross References:   “Bill of lading”. Section 1-201(6).   “Delivery”. Section 1-201(14).   “Discover”. Section 1-201(25).   “Goods”. Section 2A-103(1)(h).   “Insolvent”. Section 1-201(23).   “Lease contract”. Section 2A-103(1)(l).   “Lessee”. Section 2A-103(1)(n).   “Lessor”. Section 2A-103(1)(p).   “Notifies” and “Notification”. Section 1-201(26).   “Person”. Section 1-201(30).   “Receipt”. Section 2-103(1)(c).   “Remedy”. Section 1-201(34).   “Rights”. Section 1-201(36).
CO Code § 4-2.5-530 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-530. Lessor's Incidental Damages

 Incidental damages to an aggrieved lessor include any commercially reasonable charges, expenses, or commissions incurred in stopping delivery, in the transportation, care, and custody of goods after the lessee's default, in connection with return or disposition of the goods, or otherwise resulting from the default.   History. Source: L. 91: Entire article added, p. 318, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-710.   Changes: Revised to reflect leasing practices and terminology.   Definitional Cross References:   “Aggrieved party”. Section 1-201(2).   “Delivery”. Section 1-201(14).   “Goods”. Section 2A-103(1)(h).   “Lessee”. Section 2A-103(1)(n).   “Lessor”. Section 2A-103(1)(p).
CO Code § 4-2.5-531 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-531. Standing to Sue Third Parties for Injury to Goods

  If a third party so deals with goods that have been identified to a lease contract as to cause actionable injury to a party to the lease contract (a) the lessor has a right of action against the third party, and (b) the lessee also has a right of action against the third party if the lessee:   Has a security interest in the goods;    Has an insurable interest in the goods; or    Bears the risk of loss under the lease contract or has since the injury assumed that risk as against the lessor and the goods have been converted or destroyed.       If at the time of the injury the party plaintiff did not bear the risk of loss as against the other party to the lease contract and there is no arrangement between them for disposition of the recovery, his or her suit or settlement, subject to his or her own interest, is as a fiduciary for the other party to the lease contract.    Either party with the consent of the other may sue for the benefit of whom it may concern.     History. Source: L. 91: Entire article added, p. 318, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: Section 2-722.   Changes: Revised to reflect leasing practices and terminology.   Definitional Cross References:   “Action”. Section 1-201(1).   “Goods”. Section 2A-103(1)(h).   “Lease contract”. Section 2A-103(1)(l).   “Lessee”. Section 2A-103(1)(n).   “Lessor”. Section 2A-103(1)(p).   “Party”. Section 1-201(29).   “Rights”. Section 1-201(36).   “Security interest”. Section 1-201(37).
CO Code § 4-2.5-532 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-532. Lessor's Rights to Residual Interest

 In addition to any other recovery permitted by this article or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor's residual interest in the goods caused by the default of the lessee.   History. Source: L. 91: Entire article added, p. 318, § 1, effective July 1, 1992.    OFFICIAL COMMENT   Uniform Statutory Source: None.   Purposes: This section recognizes the right of the lessor to recover under this Article (as well as under other law) from the lessee for failure to comply with the lease obligations as to the condition of leased goods when returned to the lessor, for failure to return the goods at the end of the lease, or for any other default which causes loss or injury to the lessor's residual interest in the goods.
CO Code § 4-2.5-533 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 2.5 - Leases|Part 5 - Default|§ 4-2.5-533. Other Measures of Damages

 Notwithstanding any other provision of this article, except as otherwise provided with respect to damages liquidated in the lease agreement (section 4-2.5-504 ) or otherwise determined pursuant to agreement of the parties (sections 4-1-302 and 4-2.5-503 ), a party to a lease contract, at his or her option, may recover for the other party's default, in addition to or in lieu of the damages expressly authorized by this article, such additional or different damages as may be necessary to put such party in as good a position as if the other party had performed in accordance with the lease contract, determined in any reasonable manner.   History. Source: L. 91: Entire article added, p. 318, § 1, effective July 1, 1992. L. 2006: Entire section amended, p. 496, § 24, effective September 1.    Editor's note - Colorado legislative change. This section was added by Colorado; it has no counterpart in the uniform act.
CO Code § 4-3-101 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 3 - Negotiable Instruments|Part 1 - General Provisions and Definitions|§ 4-3-101. Short Title

 This article may be cited as “Uniform Commercial Code — Negotiable Instruments”.   History. Source: L. 94: Entire article R&RE, p. 839, § 1, effective January 1, 1995.    Cross references:   For offenses relating to this title, see part 5 of article 5 of title 18.   Official Comments   Copyright by the American Law Institute and the National Conference of Commissioners on Uniform State Laws. Reproduced with the permission of the Permanent Editorial Board for the Uniform Commercial Code. All rights reserved. —   Editor's note:   The Official Comments to the Uniform Commercial Code are available only in the printed book form of Colorado Revised Statutes. As noted above, the Official Comments are subject to copyright by the American Law Institute and the National Conference of Commissioners on Uniform State Laws. At this time, Colorado has a license to reprint the Official Comments in the printed book form.   Editor's note:   This article was numbered as article 3 of chapter 155, C.R.S. 1963. The provisions of this article were repealed and reenacted in 1994, resulting in the addition, relocation, and elimination of sections as well as subject matter. For amendments to this article prior to 1994, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume. Former C.R.S. section numbers are shown in editor's notes following those sections that were relocated.   Editor's note:   This section is similar to former § 4-3-101 as it existed prior to 1994.   ANNOTATION   Law reviews. For article, “Formal Requisites of Negotiability — The Negotiable Instruments Law Compared With the Proposed Commercial Code”, see 26 Rocky Mt. L. Rev. 1 . For article, “Impact of the Uniform Commercial Code on Colorado Law”, see 42 Den. L. Ctr. J. 67 (1965). For article, “Article 3 of the Uniform Commercial Code and Colorado Negotiable Instruments Law”, see 38 U. Colo. L. Rev. 22 (1965).   Annotator's note. The following annotations include cases decided under former provisions similar to this section.   The primary purpose of the adoption of this article was to remove the confusion of local laws and decisions by making the law uniform in the different states. Winton v. Sullivan, 104 Colo. 450 , 91 P.2d 996 (1939) (decided under repealed CSA, C. 112, § 1 et seq., negotiable instruments law).
CO Code § 4-3-107 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 3 - Negotiable Instruments|Part 1 - General Provisions and Definitions|§ 4-3-107. Instrument Payable in Foreign Money

 Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.   History. Source: L. 94: Entire article R&RE, p. 844, § 1, effective January 1, 1995.    Editor's note:   This section is similar to former § 4-3-107 as it existed prior to 1994.   OFFICIAL COMMENT   The definition of instrument in Section 3-104 requires that the promise or order be payable in “money.” That term is defined in Section 1-201(24) and is not limited to United States dollars. Section 3-107 states than an instrument payable in foreign money may be paid in dollars if the instrument does not prohibit it. It also states a conversion rate which applies in the absence of a different conversion rate stated in the instrument. The reference in former Section 3-107(1) to instruments payable in “currency” or “current funds” has been dropped as superfluous.
CO Code § 4-3-111 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 3 - Negotiable Instruments|Part 1 - General Provisions and Definitions|§ 4-3-111. Place of Payment

 Except as otherwise provided for items in article 4 of this title, an instrument is payable at the place of payment stated in the instrument. If no place of payment is stated, an instrument is payable at the address of the drawee or maker stated in the instrument. If no address is stated, the place of payment is the place of business of the drawee or maker. If a drawee or maker has more than one place of business, the place of payment is any place of business of the drawee or maker chosen by the person entitled to enforce the instrument. If the drawee or maker has no place of business, the place of payment is the residence of the drawee or maker.   History. Source: L. 94: Entire article R&RE, p. 847, § 1, effective January 1, 1995.    OFFICIAL COMMENT   If an instrument is payable at a bank in the United States, Section 3-501(b)(1) states that presentment must be made at the place of payment, i.e. the bank. The place of presentment of a check is governed by Regulation CC § 229.36.   ANNOTATION   When a note is made payable at a bank, it is considered a sufficient presentment of it if it is actually in the bank at maturity, ready to be delivered to anyone who may be entitled to it on payment. Such is the general rule, whether the bank is the holder of the note or merely an agent for collection. De La Vergne v. Globe Printing Co., 27 Colo. App. 308, 148 P. 923 (decided under repealed laws antecedent to CSA, C. 112, § 87, negotiable instruments law).
CO Code § 4-3-112 (2021)
2021 Colorado Code|Title 4 - Uniform Commercial Code|Article 3 - Negotiable Instruments|Part 1 - General Provisions and Definitions|§ 4-3-112. Interest

  Unless otherwise provided in the instrument, (i) an instrument is not payable with interest, and (ii) interest on an interest-bearing instrument is payable from the date of the instrument.    Interest may be stated in an instrument as a fixed or variable amount of money or it may be expressed as a fixed or variable rate or rates. The amount or rate of interest may be stated or described in the instrument in any manner and may require reference to information not contained in the instrument. If an instrument provides for interest, but the amount of interest payable cannot be ascertained from the description, interest is payable at the judgment rate in effect at the place of payment of the instrument and at the time interest first accrues.     History. Source: L. 94: Entire article R&RE, p. 847, § 1, effective January 1, 1995.    OFFICIAL COMMENT   1. Under Section 3-104(a) the requirement of a “fixed amount” applies only to principal. The amount of interest payable is that described in the instrument. If the description of interest in the instrument does not allow for the amount of interest to be ascertained, interest is payable at the judgment rate. Hence, if an instrument calls for interest, the amount of interest will always be determinable. If a variable rate of interest is prescribed, the amount of interest is ascertainable by reference to the formula or index described or referred to in the instrument. The last sentence of subsection (b) replaces subsection (d) of former Section 3-118.   2. The purpose of subsection (b) is to clarify the meaning of “interest” in the introductory clause of Section 3-104(a). It is not intended to validate a provision for interest in an instrument if that provision violates other law.