Current through 11/5/2024 election
Section 4-2.5-514 - Waiver of lessee's objections(1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default:(a) If, stated seasonably, the lessor or the supplier could have cured it (section 4-2.5-513); or(b) Between merchants if the lessor or the supplier after rejection has made a request in writing for a full and final written statement of all defects on which the lessee proposes to rely.(2) A lessee's failure to reserve rights when paying rent or other consideration against documents precludes recovery of the payment for defects apparent in the documents.L. 91: Entire article added, p. 307, § 1, effective 7/1/1992. L. 2006: (2) amended, p. 494, § 18, effective September 1.