New York Uniform Commercial Code Law Part 3 - EFFECT OF LEASE CONTRACT

• 2-a-301 - Enforceability of Lease Contract.
  Section Except as otherwise provided in this Article, a lease contract is effective and enforceable according to its terms between the parties, against purchasers of...
• 2-a-302 - Title to and Possession of Goods.
  Section Except as otherwise provided in this Article, each provision of this Article applies whether the lessor or a third party has title to the...
• 2-a-303 - Alienability of Party's Interest Under Lease Contract or of Lessor's Residual Interest in Goods; Delegation of Performance; Transfer of Rights.
  Section (1) As used in this section, "creation of a security interest" includes the sale of a lease contract that is subject to Article 9,...
• 2-a-304 - Subsequent Lease of Goods by Lessor.
  Section (1) Subject to Section 2-A-303, a subsequent lessee from a lessor of goods under an existing lease contract obtains, to the extent of the...
• 2-a-305 - Sale or Sublease of Goods by Lessee.
  Section (1) Subject to the provisions of Section 2-A-303, a buyer or sublessee from the lessee of goods under an existing lease contract obtains, to...
• 2-a-306 - Priority of Certain Liens Arising by Operation of Law.
  Section If a person in the ordinary course of his or her business furnishes services or materials with respect to goods subject to a lease...
• 2-a-307 - Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods.
  Section (1) Except as otherwise provided in Section 2-A-306, a creditor of a lessee takes subject to the lease contract. (2) Except as otherwise provided...
• 2-a-308 - Special Rights of Creditors.
  Section (1) A creditor of a lessor in possession of goods subject to a lease contract may treat the lease contract as void if as...
• 2-a-309 - Lessor's and Lessee's Rights When Goods Become Fixtures.
  Section (1) In this section: (a) Goods are "fixtures" when they become so related to particular real estate that an interest in them arises under...
• 2-a-310 - Lessor's and Lessee's Rights When Goods Become Accessions.
  Section (1) Goods are "accessions" when they are installed in or affixed to other goods. (2) The interest of a lessor or a lessee under...
• 2-a-311 - Priority Subject to Subordination.
  Section Nothing in this Article prevents subordination by agreement by any person entitled to priority.

Last modified: February 3, 2019