440.2902 Applicability of article; title or possession. Sec. 2A302. 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. History: Add. 1992, Act 101, Eff. Sept. 30, 1992
Michigan Legal Code