70A-2a-204. Formation in general.
(1) A lease contract may be made in any manner sufficient to show agreement, including
conduct by both parties which recognizes the existence of a lease contract.
(2) An agreement sufficient to constitute a lease contract may be found although the
moment of its making is undetermined.
(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.
Enacted by Chapter 197, 1990 General Session
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Last revised: Thursday, May 28, 2009