Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter25. Uniform Commercial Code. |
Article2A. Leases |
Part3. EFFECT OF LEASE CONTRACT |
§25-2A-302. Title to and possession of goods
Latest version.
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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 possession or the absence of possession is fraudulent.
(1993, c. 463, s. 1.)