NY Code - Part 3: EFFECT OF LEASE CONTRACT

Search NY Code - Part 3: EFFECT OF LEASE CONTRACT

• Section 2-A-301 Enforceability of Lease Contract
• Section 2-A-302 Title to and Possession of Goods
• Section 2-A-303 Alienability of Party's Interest Under Lease Contract or of Lessor's Residual Interest in Goods; Delegation of Performance; Transfer of Rights
• Section 2-A-501(2); (b) if paragraph (a) is not applicable and if a transfer is made that (i) is prohibited under a lease agreement or (ii) materially impairs the prospect of obtaining return performance by, materially changes the duty of, or materially increases the burden or risk imposed on, the other party to the lease contract, unless the party not making the transfer agrees at any time to the transfer in the lease contract or otherwise, then, except as limited by contract, (i) the transferor is liable to the party not making the transfer for damages caused by the transfer to the extent that the damages could not reasonably be prevented by the party not making the transfer and (ii) a court having jurisdiction may grant other appropriate relief, including cancellation of the lease contract or an injunction against the transfer
• Section 2-A-304 Subsequent Lease of Goods by Lessor
• Section 2-A-305 Sale or Sublease of Goods by Lessee
• Section 2-A-306 Priority of Certain Liens Arising by Operation of Law
• Section 2-A-307 Priority of Liens Arising by Attachment or Levy on, Security Interests in, and Other Claims to Goods
• Section 2-A-308 Special Rights of Creditors
• Section 2-A-309 Lessor's and Lessee's Rights When Goods Become Fixtures
• Section 2-A-310 Lessor's and Lessee's Rights When Goods Become Accessions
• Section 2-A-311 Priority Subject to Subordination