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

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.

29 minute read October 30, 2006 at 11:18 AM
By
Ken Weinberg And Barry S. Marks
When Is Equipment Not 'Equipment'? Inventory Leasing or Leasing to Rental Companies

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.'

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