Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 1. UNIFORM COMMERCIAL CODE |
Chapter 2A. LEASES |
Subchapter C. EFFECT OF LEASE CONTRACT |
Sec. 2A.302. TITLE TO AND POSSESSION OF GOODS
Latest version.
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Except as otherwise provided in this title, each provision of this chapter 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.
Added by Acts 1993, 73rd Leg., ch. 570, Sec. 1, eff. Sept. 1, 1993.