Michigan Compiled Laws
174-1962-2A-3 - Part 3 Effect of Lease Contract (440.2901...440.2911)
Section 440.2906 - Materials or Services Provided With Respect to Goods Subject to Lease Contract; Lien; Priority; Exception.

Sec. 2A306.
If a person in the ordinary course of his or her business furnishes services or materials with respect to goods subject to a lease contract, a lien upon those goods in the possession of that person given by statute or rule of law for those materials or services takes priority over any interest of the lessor or lessee under the lease contract or this article unless the lien is created by statute and the statute provides otherwise or unless the lien is created by rule of law and the rule of law provides otherwise.
History: Add. 1992, Act 101, Eff. Sept. 30, 1992

Structure Michigan Compiled Laws

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 440.2903 - Security Interest; Creation; Transfer; Limitations; Rights and Remedies; Delegation of Duties or Performance; Liability; Prohibition.

Section 440.2904 - Transfer From Lessor to Subsequent Lessee; Power; Obtaining Rights in Ordinary Course of Business; Entrustment; Certificate of Title.

Section 440.2905 - Transfer From Lessee to Buyer or Sublessee; Power; Rights; Buyer in Ordinary Course of Business; Entrustment; Certificate of Title.

Section 440.2906 - Materials or Services Provided With Respect to Goods Subject to Lease Contract; Lien; Priority; Exception.

Section 440.2907 - Creditor of Lessee; Rights; Taking Leasehold Interest Subject to Security Interest.

Section 440.2908 - Creditor of Lessor or Seller; Lease or Sale Contract Treated as Void; Fraudulent Retention or Possession of Goods; Security for Preexisting Claim.

Section 440.2909 - Definitions; Lease of Fixtures; Priority of Security Interests; Right to Remove Goods; Reimbursement; Perfection by Filing Financing Statement as Fixture Filing.

Section 440.2910 - Goods as Accessions; Priority of Interests; Right to Remove Goods; Reimbursement.

Section 440.2911 - Subordination by Agreement.