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Business

equipment leasing

Equipment leases for your business allow you to lease current technology (computers, printers, servers, telephone systems), equipment, and machinery, and pay for it over time rather than making a large initial investment to purchase the equipment. Options for service and repair of the leased equipment, and periodic upgrades of the equipment are often included in equipment leases at an additional cost. Your lease payments are generally secured by the equipment, and the leasing company (lessor) will have the right to remove the equipment from your business if you fail to make the lease payments on time. And at the end of the equipment lease you may have the opportunity to purchase the equipment at an agreed price, or at a fair market value.



State Statutes for the State of Texas

CHAPTER 51 - BUSINESS OPPORTUNITIES

(5) a sale or lease to a business enterprise that also sells or leases products, equipment, or supplies

CHAPTER 4055 - SPECIALTY AGENTS

(2) "Rental car company" means a person engaged in the business of providing leased or rented vehicles or vehicle equipment to the public.

CHAPTER 162 - MOTOR FUEL TAXES

(b) A person who, in the regular course of business and for consideration, leases motor vehicles and equipment to motor carriers or others for interstate operation may be considered to be the user or interstate

CHAPTER 23 - APPRAISAL METHODS AND PROCEDURES

(1) "Dealer" means a person engaged in the business in this state of selling, leasing, or renting heavy equipment.

Federal Statutes

§ 5509. Incidental use of equipment and supplies

may prescribe by regulation appropriate conditions for the incidental use, for other than official business , of equipment and supplies owned or leased by, or the cost of which is reimbursed by, the House of Representatives

§ 661. Congressional declaration of policy

the award of financial assistance under this chapter, when practicable, priority be accorded to small business concerns which lease or purchase equipment and supplies which are produced in the United States and

§ 465. Deductions limited to amount at risk

(ii) Excluded businessThe term “excluded business” means— (I) equipment leasing (as defined in paragraph (6)), and (II) any business involving the use, exploitation, sale, lease, or other disposition of