Nevada § 104A.2407 - Irrevocable promises: Finance leases
Full text of Nevada Nevada Revised Statutes § 104A.2407 — Irrevocable promises: Finance leases, with citation guidance and answers to common questions.
§ 104A.2407. Irrevocable promises: Finance leases
1. In the case of a finance lease that is not a consumer lease the lessee's promises
under the lease contract become irrevocable and independent upon the lessee's acceptance
of the goods. 2. A promise that has become irrevocable and independent under subsection 1: (a) Is effective and enforceable between the parties, and by or against third parties
including assignees of the parties; and (b) Is not subject to cancellation, termination, modification, repudiation, excuse
or substitution without the consent of the party to whom the promise runs. 3. This section does not affect the validity under any other law of a covenant in
any lease contract making the lessee's promises irrevocable and not dependent upon
his or her acceptance of the goods.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104A.2407
What does Nevada Revised Statutes § 104A.2407 cover?
Section 104A.2407 ("Irrevocable promises: Finance leases") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. 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 Nevada § 104A.2407?
A common citation format is "Nevada Revised Statutes § 104A.2407" (Nevada). 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 Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104A.2407 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada 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 Nevada.