Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.12. LEASES. |
Article 45.12.03. EFFECT OF LEASE CONTRACT. |
Section 45.12.302. Title to and possession of goods.
Latest version.
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Except as otherwise provided in this chapter, 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 a statute or rule of law that possession or the absence of possession is fraudulent.
Notes
History
(Sec. 125 ch 35 SLA 1993)