Arkansas Code Title 4, Subtitle 1, Chapter 2a - Leases, Part 3 - Effect of Lease Contract

• § 4-2a-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...
• § 4-2a-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...
• § 4-2a-303 - Alienability of Party's Interest Under Lease Contract or of Lessor's Residual Interest in Goods -- Delegation of Performance -- Transfer of Rights.
  (1) As used in this section, "creation of a security interest" includes the sale of a lease contract that is subject to chapter 9,...
• § 4-2a-304 - Subsequent Lease of Goods by Lessor.
  (1) Subject to § 4-2A-303, a subsequent lessee from a lessor of goods under an existing lease contract obtains, to the extent of the...
• § 4-2a-305 - Sale or Sublease of Goods by Lessee.
  (1) Subject to the provisions of § 4-2A-303, a buyer or sublessee from the lessee of goods under an existing lease contract obtains, to...
• § 4-2a-306 - Priority of Certain Liens Arising by Operation of Law.
  If a person in the ordinary course of his or her business furnishes services or materials with respect to goods subject to a lease...
• § 4-2a-307 - Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods.
  (1) Except as otherwise provided in § 4-2A-306, a creditor of a lessee takes subject to the lease contract.(2) Except as otherwise provided in...
• § 4-2a-308 - Special Rights of Creditors.
  (1) A creditor of a lessor in possession of goods subject to a lease contract may treat the lease contract as void if as...
• § 4-2a-309 - Lessor's and Lessee's Rights When Goods Become Fixtures.
  (1) In this section: (a) goods are "fixtures" when they become so related to particular real estate that an interest in them arises under...
• § 4-2a-310 - Lessor's and Lessee's Rights When Goods Become Accessions.
  (1) Goods are "accessions" when they are installed in or affixed to other goods.(2) The interest of a lessor or a lessee under a...
• § 4-2a-311 - Priority Subject to Subordination.
  Nothing in this chapter prevents subordination by agreement by any person entitled to priority.

Last modified: November 15, 2016