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When Is Equipment Not 'Equipment'? Inventory Leasing or Leasing to Rental Companies

By Ken Weinberg and Barry S. Marks
October 30, 2006

Part Two of a Two-Part Series

Part One of this series discussed special perfection rules for purchase money security interest in inventory and additional risks when leased goods are 'inventory.' This second installment addresses: buyer in ordinary course of business under revised Article '9-320(A); power to transfer and entrusting under '2-403; and rights of buyers and Sublessee in ordinary course under '2A-305.

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