Mich. Comp. Laws § 440.2907
Creditor of lessee; rights; taking leasehold interest subject to security interest.
Michigan · Michigan Compiled Laws — UNIFORM COMMERCIAL CODE (Act 174 of 1962) · Status: effective
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- Citation
- Mich. Comp. Laws § 440.2907, Creditor of lessee; rights; taking leasehold interest subject to security interest, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1361887
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Full text
(1) Except as otherwise provided in section 2A306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) and in sections 2A306 and 2A308, a creditor of a lessor takes subject to the lease contract unless the creditor holds a lien that attached to the goods before the lease contract became enforceable.
(3) Except as otherwise provided in sections 9317, 9321, and 9323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.