Section 440.2901 - Lease contract; enforcement.

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.2901 Lease contract; enforcement.

Sec. 2A301.

Except as otherwise provided in this article, a lease contract is effective and enforceable according to its terms between the parties, against purchasers of the goods and against creditors of the parties.


History: Add. 1992, Act 101, Eff. Sept. 30, 1992