North Carolina General Statutes 25-2A-301. Enforceability of lease contract
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Except as otherwise provided in this Article, a lease contract is effective and enforceable according to its terms between the parties, against purchasers of the goods, and against creditors of the parties. ?(1993, c. 463, s. 1.)
Terms Used In North Carolina General Statutes 25-2A-301
- Contract: A legal written agreement that becomes binding when signed.
- Goods: means all things that are movable at the time of identification to the lease contract, or are fixtures (N. See North Carolina General Statutes 25-2A-103