D.C. Code § 28:2A-205

Current through codified legislation effective September 18, 2024
Section 28:2A-205 - Firm offers

An offer by a merchant to lease goods to or from another person in a signed record that by its terms gives assurance it will be held open is not revocable, for lack of consideration, during the time stated or, if no time is stated, for a reasonable time, but in no event may the period of irrevocability exceed 3 months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

D.C. Code § 28:2A-205

Amended by D.C. Law 25-158,§ 2, 71 DCR 002265, eff. 4/20/2024.
July 22, 1992, D.C. Law 9-128, § 2(b), 39 DCR 3830.