§ 2A-101. Short title
This Article shall be known and may be cited as the Uniform Commercial Code—Leases.
§ 2A-102. Scope
This Article applies to any transaction, regardless of form, that creates a lease.
§ 2A-103. Definitions and index of definitions
(1) In this Article unless the context otherwise requires: (a) “Buyer in ordinary course of business” means a person who in good faith and without knowledge that the sale to him is in violation of the ownership rights or security interest or leasehold interest of a third party in the goods buys in ordinary course […]
§ 2A-104. Leases subject to other law
(1) A lease, although subject to this Article, is also subject to any applicable: (a) certificate of title statute of this State: Title 20, Virgin Islands Code, Chapter 32; (b) certificate of title statute of another jurisdiction (Section 2A-105); or (c) consumer protection statute of this State, or final consumer protection decision of a court […]
§ 2A-105. Territorial application of article to goods covered by certificate of title
Subject to the provisions of Sections 2A-304(3) and 2A-305(3), with respect to goods covered by a certificate of title issued under a statute of this State or of another jurisdiction, compliance and the effect of compliance or noncompliance with a certificate of title statute are governed by the law (including the conflict of laws rules) […]
§ 2A-106. Limitation on power of parties to consumer lease to choose applicable law and judicial forum
(1) If the law chosen by the parties to a consumer lease is that of a jurisdiction other than a jurisdiction in which the lessee resides at the time the lease agreement becomes enforceable or within 30 days thereafter or in which the goods are to be used, the choice is not enforceable. (2) If […]
§ 2A-107. Waiver or renunciation of claim or right after default
Any claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party.
§ 2A-108. Unconscionability
(1) If the court as a matter of law finds a lease contract or any clause of a lease contract to have been unconscionable at the time it was made the court may refuse to enforce the lease contract, or it may enforce the remainder of the lease contract without the unconscionable clause, or it […]