Section 440.2902 - Applicability of article; title or possession. - Michigan Statutes

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.2902 Applicability of article; title or possession.

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