New Jersey § 12a:2a-219
Full text of New Jersey New Jersey Statutes § 12a:2a-219, with citation guidance and answers to common questions.
§ 12a:2a-219.
(1) Except in the case of a finance lease, risk of loss is retained by the lessor
and does not pass to the lessee. In the case of a finance lease, risk of loss passes to the lessee. (2) Subject to the provisions of this chapter on the effect of default on risk of
loss (12A:2A-220), if risk of loss is to pass to the lessee and the time of passage
is not stated, the following rules apply: (a) If the lease contract requires or authorizes the goods to be shipped by carrier (i) and it does not require delivery at a particular destination, the risk of loss
passes to the lessee when the goods are duly delivered to the carrier; but (ii) if it does require delivery at a particular destination and the goods are there
duly tendered while in the possession of the carrier, the risk of loss passes to the
lessee when the goods are there duly so tendered as to enable the lessee to take delivery. (b) If the goods are held by a bailee to be delivered without being moved, the risk
of loss passes to the lessee on acknowledgment by the bailee of the lessee's right
to possession of the goods. (c) In any case not within subsection (a) or (b), the risk of loss passes to the lessee
on the lessee's receipt of the goods if the lessor, or, in the case of a finance lease,
the supplier, is a merchant; otherwise the risk passes to the lessee on tender of
delivery.
Frequently Asked Questions About New Jersey § 12a:2a-219
What does New Jersey Statutes § 12a:2a-219 cover?
Section 12a:2a-219 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 12a:2a-219?
A common citation format is "New Jersey Statutes § 12a:2a-219" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:2a-219 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.