Alaska Statutes Title 45, Chapter 45.12, Article 01 - General Provisions

• Sec. 45.12.101 Short Title.
  This chapter may be cited as the Uniform Commercial Code - Leases.
• Sec. 45.12.102 Scope.
  This chapter applies to any transaction, regardless of form, that creates a lease.
• Sec. 45.12.103 Definitions and Index of Definitions.
  (a) In this chapter, unless the context otherwise requires,(1) "buyer in ordinary course of business" means a person who, in good faith and without...
• Sec. 45.12.104 Leases Subject to Other Law.
  (a) A lease, although subject to this chapter, is also subject to an applicable(1) certificate of title statute of this state, including AS 28.10.201;(2)...
• Sec. 45.12.105 Territorial Application of Article to Goods Covered by Certificate of Title.
  Subject to the provisions of AS 45.12.304 (c) and 45.12.305(c), with respect to goods covered by a certificate of title issued under a statute...
• Sec. 45.12.106 Limitation on Power of Parties to Consumer Lease to Choose Applicable Law and Judicial Forum.
  (a) If the law chosen by the parties to a consumer lease is that of a jurisdiction other than a jurisdiction in which the...
• Sec. 45.12.107 Waiver or Renunciation of Claim or Right After Default or Breach.
  A claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration...
• Sec. 45.12.108 Unconscionability.
  (a) If the court as a matter of law finds a lease contract or a clause of a lease contract to have been unconscionable...
• Sec. 45.12.109 Option to Accelerate At Will.
  (a) A term providing that one party or the party's successor in interest may accelerate payment or performance or require collateral or additional collateral...

Last modified: November 15, 2016