The Fifth Circuit affirmed the choices.

The Fifth Circuit affirmed the choices.

Referencing instance legislation from numerous jurisdictions, the Fifth Circuit ruled that the concern of how a deal is characterized is set under state legislation. Consequently, the Fifth Circuit seemed to Utah 2 law to really make the dedication.

As with any other states

A true lease or whether it is a disguised financing arrangement like all other states, Utah has adopted the Uniform Commercial Code (the “UCC”), and looks behind the form of the agreement in determining whether an arrangement is in fact.