Alaska Statutes Title 45, Chapter 45.12, Article 03 - Effect of Lease Contract

• Sec. 45.12.301 Enforceability of Lease Contract.
  Except as otherwise provided in this chapter, a lease contract is effective and enforceable according to its terms between the parties, against purchasers of...
• Sec. 45.12.302 Title to and Possession of Goods.
  Except as otherwise provided in this chapter, each provision of this chapter applies whether the lessor or a third party has title to the...
• Sec. 45.12.303 Alienability of Party's Interest Under Lease Contract or of Lessor's Residual Interest in Goods; Delegation of Performance; Transfer of Rights.
  (a) Except as provided in (d) of this section and AS 45.29.407 , a provision in a lease agreement that does either of the...
• Sec. 45.12.304 Subsequent Lease of Goods by Lessor.
  (a) Subject to AS 45.12.303 , a subsequent lessee from a lessor of goods under an existing lease contract obtains, to the extent of...
• Sec. 45.12.305 Sale or Sublease of Goods by Lessee.
  (a) Subject to the provisions of AS 45.12.303 , a buyer or sublessee from the lessee of goods under an existing lease contract obtains,...
• Sec. 45.12.306 Priority of Certain Liens Arising by Operation of Law.
  If a person in the ordinary course of the person's business furnishes services or materials with respect to goods subject to a lease contract,...
• Sec. 45.12.307 Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods.
  (a) Except as otherwise provided in AS 45.12.306 , a creditor of a lessee takes subject to the lease contract.(b) Except as otherwise provided...
• Sec. 45.12.308 Special Rights of Creditors.
  (a) A creditor of a lessor in possession of goods subject to a lease contract may treat the lease contract as void if as...
• Sec. 45.12.309 Lessor's and Lessee's Rights When Goods Become Fixtures.
  (a) Under this chapter a lease may be of goods that are fixtures or may continue in goods that become fixtures, but a lease...
• Sec. 45.12.310 Lessor's and Lessee's Rights When Goods Become Accessions.
  (a) "Accessions" means goods when they are installed in or affixed to other goods.(b) The interest of a lessor or a lessee under a...
• Sec. 45.12.311 Priority Subject to Subordination.
  Nothing in this chapter prevents subordination by agreement by a person entitled to priority.

Last modified: November 15, 2016