HRS §490:2A-407
When a finance lease promise becomes final
In a finance lease that is not a consumer lease, once you accept the goods, your promises under the lease become final and cannot be changed or canceled without the other party's consent. This applies to you, the other party, and anyone else involved, like assignees.
businessestenants
The statute, as written — Irrevocable promises: finance leases
(a) In the case of a finance lease that is not a consumer lease the lessee's promises under the lease contract become irrevocable and independent upon the lessee's acceptance of the goods. (b) A promise that has become irrevocable and independent under subsection (a): (1) Is effective and enforceable between the parties, and by or against third parties including assignees of the parties; and (2) Is not subject to cancellation, termination, modification, repudiation, excuse, or substitution without the consent of the party to whom the promise runs. (c) This section does not affect the validity under any other law of a covenant in any lease contract making the lessee's promises irrevocable and independent upon the lessee's acceptance of the goods.
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