Michigan Compiled Laws
Mich. Comp. Laws § 440.2907 (2026)
Creditor of lessee; rights; taking leasehold interest subject to security interest.
✓ current as of July 2026
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UNIFORM COMMERCIAL CODE
Act 174 of 1962
440.2907 Creditor of lessee; rights; taking leasehold interest subject to security interest.
Sec. 2A307.
(1) Except as otherwise provided in section 2A306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) and in sections 2A306 and 2A308, a creditor of a lessor takes subject to the lease contract unless the creditor holds a lien that attached to the goods before the lease contract became enforceable.
(3) Except as otherwise provided in sections 9317, 9321, and 9323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
History: Add. 1992, Act 101, Eff. Sept. 30, 1992 ;-- Am. 2000, Act 348, Eff. July 1, 2001
Notes of Decisions
Cited in 1
case, 2015–2015 · leading case: GEO Fin., LLC v. Univ. Square 2751, LLC, 105 F. Supp. 3d 753 (E.D. Mich. 2015).
GEO Fin., LLC v. Univ. Square 2751, LLC, 105 F. Supp. 3d 753 (E.D. Mich. 2015). “” Mich. Comp. Laws § 440.2907 . Under Article 2A, a lessor may hold a valid lease even in “goods” that have be *766 come or are deemed to be “fixtures” under applicable rules of law governing interests in real property.”
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