Uniform Commercial Code

U.C.C. - ARTICLE 2A - LEASES
..PART 3. EFFECT OF LEASE CONTRACT

§ 2A-302. TITLE TO AND POSSESSION OF GOODS.

Except as otherwise provided in this Article, each provision of this Article 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 any statute or rule of law that possession or the absence of possession is fraudulent.