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Ark. Code Ann. § 4-2A-514

Waiver of lessee's objections

Known as the Uniform Commercial Code

The act spans §§ 4–4 (597 sections).

Acts 1993, No. 439, § 1; 2007, No. 342, § 21.

(1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default: if, stated seasonably, the lessor or the supplier could have cured it (§ 4-2A-513); or

(2) between merchants if the lessor or the supplier after rejection has made a request in writing for a full and final written statement of all defects on which the lessee proposes to rely.

(3) A lessee's failure to reserve rights when paying rent or other consideration against documents precludes recovery of the payment for defects apparent in the documents.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.