Colorado § 4-2.5-221 - Casualty to identified goods.
Full text of Colorado Colorado Revised Statutes § 4-2.5-221 — Casualty to identified goods., with citation guidance and answers to common questions.
§ 4-2.5-221. Casualty to identified goods.
If a lease contract requires goods identified when the lease contract is made, and the goods suffer casualty without fault of the lessee, the lessor or the supplier before delivery, or the goods suffer casualty before risk of loss passes to the lessee pursuant to the lease agreement or section 4-2.5-219, then:
(a) If the loss is total, the lease contract is avoided; and
(b) If the loss is partial or the goods have so deteriorated as to no longer conform to the lease contract, the lessee may nevertheless demand inspection and at his or her option either treat the lease contract as avoided or, except in a finance lease that is not a consumer lease, accept the goods with due allowance from the rent payable for the balance of the lease term for the deterioration or the deficiency in quantity but without further right against the lessor.
Source: L. 91: Entire article added, p. 288, § 1, effective July 1, 1992.
PART 3
EFFECT OF LEASE CONTRACT
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 4-2.5-221
What does Colorado Revised Statutes § 4-2.5-221 cover?
Section 4-2.5-221 ("Casualty to identified goods.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. 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 Colorado § 4-2.5-221?
A common citation format is "Colorado Revised Statutes § 4-2.5-221" (Colorado). 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 Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 4-2.5-221 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado 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 Colorado.