Michigan Compiled Laws 174-1962-2a-1 Part 1 General Provisions (440.2801...440.2810)

• Section 440.2801 Short Title.
  This article shall be known and may be cited as the “uniform commercial code - leases”. History: Add. 1992, Act 101, Eff. Sept. 30,
• Section 440.2802 Applicability Of Article.
  This article applies to any transaction, regardless of form, that creates a lease. History: Add. 1992, Act 101, Eff. Sept. 30, 1992
• Section 440.2803 Definitions; Sections; Principles Of Construction And Interpretation.
  (1) In this article unless the context otherwise requires: (a) "Buyer in ordinary course of business" means a person who in good faith and...
• Section 440.2804 Lease Requirements; Compliance With Applicable Statutes; Effect Of Noncompliance With Applicable Statute.
  (1) A lease, although subject to this article, is also subject to all of the following: (a) A certificate of title statute of this...
• Section 440.2805 Certificate Of Title Statute; Compliance; Applicable Law.
  Subject to the provisions of sections 2A304(3) and 2A305(3), with respect to goods covered by a certificate of title issued under a statute of...
• Section 440.2806 Choice Of Law; Judicial Forum.
  (1) If the law chosen by the parties to a consumer lease is that of a jurisdiction other than a jurisdiction in which the...
• Section 440.2807 Discharge Of Claim Or Right Without Consideration.
  A claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration...
• Section 440.2808 Unconscionable Contract, Clause, Or Conduct.
  (1) If a court, as a matter of law, finds a lease contract or any clause of a lease contract to have been unconscionable...
• Section 440.2809 Power To Accelerate Payment Or Performance Or Require Collateral; Good Faith.
  (1) A term providing that 1 party or his or her successor in interest may accelerate payment or performance or require collateral or additional...
• Section 440.2810 Motor Vehicle Or Trailer; Transaction Creating Sale Or Security Interest.
  With respect to a motor vehicle or trailer, notwithstanding any other provision of law, a transaction does not create a sale or security interest...

Last modified: October 10, 2016