California § 10407 - In the case of a finance lease that is not a consumer lease the lessee
Full text of California Public Contract Code - PCC § 10407 — In the case of a finance lease that is not a consumer lease the lessee, with citation guidance and answers to common questions.
§ 10407. In the case of a finance lease that is not a consumer lease the lessee
(a) In the case of a finance lease that is not a consumer lease the lesseeâs promises under the lease contract become irrevocable and independent upon the lesseeâs acceptance of the goods. (b) A promise that has become irrevocable and independent under subdivision (a): (1) Is effective and enforceable between the parties, and by or against third parties including assignees of the parties; and (2) Is not subject to cancellation, termination, modification, repudiation, excuse, or substitution without the consent of the party to whom the promise runs. (c) This section does not affect the validity under any other law of a covenant in any lease contract making the lesseeâs promises irrevocable and independent upon the lesseeâs acceptance of the goods.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 10407
What does Public Contract Code - PCC § 10407 cover?
Section 10407 ("In the case of a finance lease that is not a consumer lease the lessee") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 10407?
A common citation format is "Public Contract Code - PCC § 10407" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 10407 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.