Sec. 2A302.
Except as otherwise provided in this article, each provision of this article applies whether the lessor or a third party has title to the goods, and whether the lessor, the lessee, or a third party has possession of the goods, notwithstanding any statute or rule of law that possession or the absence of possession is fraudulent.
History: Add. 1992, Act 101, Eff. Sept. 30, 1992
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 2A - Leases (440.2801...440.2982)
174-1962-2A-3 - Part 3 Effect of Lease Contract (440.2901...440.2911)
Section 440.2901 - Lease Contract; Enforcement.
Section 440.2902 - Applicability of Article; Title or Possession.
Section 440.2910 - Goods as Accessions; Priority of Interests; Right to Remove Goods; Reimbursement.