§2-1301. Enforceability of lease contract 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. [PL 1991, c. 805, §4 (NEW).] SECTION HISTORY PL 1991, c. 805, §4 (NEW).
§2-1302. Title to and possession of goods Except as otherwise provided in this Article, each provision of this Article applies whether the lessor or a third party has title to the goods, and whether the lessor, the lessee or a third party has possession of the goods, notwithstanding any statute or rule of law that […]
§2-1303. Alienability of party’s interest under lease contract or of lessor’s residual interest in goods; delegation of performance; assignment of rights (1). As used in this section, “creation of a security interest” includes the sale of a lease contract that is subject to Article 9‑A, section 9‑1109, subsection (1), paragraph (c). [PL 1999, c. […]
§2-1304. Subsequent lease of goods by lessor (1). Subject to section 2-1303, a subsequent lessee from a lessor of goods under an existing lease contract obtains, to the extent of the leasehold interest transferred, the leasehold interest in the goods that the lessor had or had power to transfer, and, except as provided in subsection […]
§2-1305. Sale or sublease of goods by lessee (1). Subject to the provisions of section 2-1303, a buyer or sublessee from the lessee of goods under an existing lease contract obtains, to the extent of the interest transferred, the leasehold interest in the goods that the lessee had or had power to transfer, and, except […]
§2-1306. Priority of certain liens arising by operation of law If a person in the ordinary course of business furnishes services or materials with respect to goods subject to a lease contract, a lien upon those goods in the possession of that person given by statute or rule of law for those materials or services […]
§2-1307. Priority of liens arising by attachment or levy on, security interests in and other claims to goods (1). Except as otherwise provided in section 2‑1306, a creditor of a lessee takes subject to the lease contract. [PL 1999, c. 699, Pt. B, §15 (RPR); PL 1999, c. 699, Pt. B, §28 (AFF).] (2). […]
§2-1308. 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 against the creditor retention of possession by the lessor is fraudulent under any statute or rule of law, but retention of possession in good faith and […]
§2-1309. 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 real estate law; [PL 1991, c. 805, §4 (NEW).] (b). A “fixture filing” is the filing, in the office where […]
§2-1310. Lessor’s and lessee’s rights when goods become accessions (1). Goods are “accessions” when they are installed in or affixed to other goods. [PL 1991, c. 805, §4 (NEW).] (2). The interest of a lessor or a lessee under a lease contract entered into before the goods become accessions is superior to all interests […]
§2-1311. Priority subject to subordination Nothing in this Article prevents subordination by agreement by any person entitled to priority. [PL 1991, c. 805, §4 (NEW).] SECTION HISTORY PL 1991, c. 805, §4 (NEW).
