Okla. Stat. tit. 12A, § 12A-2A-517
This is the official text of Okla. Stat. tit. 12A, § 12A-2A-517, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Revocation of Acceptance of Goods
Official statutory text
REVOCATION OF ACCEPTANCE OF GOODS
(1) A lessee may revoke acceptance of a lot or commercial unit
whose nonconformity substantially impairs its value to the lessee if
the lessee has accepted it:
(a) except in the case of a finance lease, on the
reasonable assumption that its nonconformity would be
cured and it has not been seasonably cured; or
(b) without discovery of the nonconformity if the lessee's
acceptance was reasonably induced either by the
lessor's assurances or, except in the case of a
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 270
finance lease, by the difficulty of discovery before
acceptance.
(2) Except in the case of a finance lease that is not a
consumer lease, a lessee may revoke acceptance of a lot or
commercial unit if the lessor defaults under the lease contract and
the default substantially impairs the value of that lot or
commercial unit to the lessee.
(3) If the lease agreement so provides, the lessee may revoke
acceptance of a lot or commercial unit because of other defaults by
the lessor.
(4) Revocation of acceptance must occur within a reasonable
time after the lessee discovers or should have discovered the ground
for it and before any substantial change in condition of the goods
which is not caused by the nonconformity. Revocation is not
effective until the lessee notifies the lessor.
(5) A lessee who so revokes has the same rights and duties with
regard to the goods involved as if the lessee had rejected them.
(1) A lessee may revoke acceptance of a lot or commercial unit
whose nonconformity substantially impairs its value to the lessee if
the lessee has accepted it:
(a) except in the case of a finance lease, on the
reasonable assumption that its nonconformity would be
cured and it has not been seasonably cured; or
(b) without discovery of the nonconformity if the lessee's
acceptance was reasonably induced either by the
lessor's assurances or, except in the case of a
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 270
finance lease, by the difficulty of discovery before
acceptance.
(2) Except in the case of a finance lease that is not a
consumer lease, a lessee may revoke acceptance of a lot or
commercial unit if the lessor defaults under the lease contract and
the default substantially impairs the value of that lot or
commercial unit to the lessee.
(3) If the lease agreement so provides, the lessee may revoke
acceptance of a lot or commercial unit because of other defaults by
the lessor.
(4) Revocation of acceptance must occur within a reasonable
time after the lessee discovers or should have discovered the ground
for it and before any substantial change in condition of the goods
which is not caused by the nonconformity. Revocation is not
effective until the lessee notifies the lessor.
(5) A lessee who so revokes has the same rights and duties with
regard to the goods involved as if the lessee had rejected them.
Status: in_force · Read it on the official government site
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