11 §2-1204. Formation in general
Title 11: UNIFORM COMMERCIAL CODE
Article 2-A: LEASES HEADING: PL 1991, C. 805, §4 (NEW)
Part 2: FORMATION AND CONSTRUCTION OF LEASE CONTRACT HEADING: PL 1991, C. 805, §4 (NEW)
§2-1204. Formation in general
(1). A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties that recognizes the existence of a lease contract.
[ 1991, c. 805, §4 (NEW) .]
(2). An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.
[ 1991, c. 805, §4 (NEW) .]
(3). Although one or more terms are left open, a lease contract does not fail for indefiniteness if the parties have intended to make a lease contract and there is a reasonably certain basis for giving an appropriate remedy.
[ 1991, c. 805, §4 (NEW) .]
SECTION HISTORY
1991, c. 805, §4 (NEW).