7-9A-604
Section 7-9A-604 Procedure if security agreement covers real property or fixtures. (a) Enforcement:
Personal and real property. If a security agreement covers both personal and real property,
a secured party may proceed: (1) under this part as to the personal property without prejudicing
any rights with respect to the real property; or (2) as to both the personal property and
the real property in accordance with the rights with respect to the real property, in which
case the other provisions of this part do not apply. (b) Enforcement: Fixtures. Subject to
subsection (c), if a security agreement covers goods that are or become fixtures, a secured
party may proceed: (1) under this part; or (2) in accordance with the rights with respect
to real property, in which case the other provisions of this part do not apply. (c) Removal
of fixtures. Subject to the other provisions of this part, if a secured party holding a security
interest in fixtures has priority over all owners and encumbrancers...
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9-17-50
Section 9-17-50 Cancellation on records of lapsed optional leases; liability of lessees for
failure or refusal to mark leases cancelled on records, etc., upon request of lessors. (a)
Whenever by reason of the termination of the full period within which an optional gas and
oil lease which is of record may be kept alive by the payments of rentals or by reason of
the termination of any of the options in such lease by reason of failure on the part of the
lessee to comply with the condition therein for the prevention of forfeiture such lease shall
lapse, the lessee must, on request in writing by the lessor, mark same cancelled on the records
or must furnish the lessor with an instrument, duly acknowledged, directing the cancellation
of such lease on the records. (b) Any lessee failing or refusing to supply the lessor with
such an instrument or failing or refusing to cancel any lease on the records within 30 days
after receiving written demand as above shall be liable to such lessor for a...
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35-9-10
Section 35-9-10 Remedies extended to lessee's grantees. The lessees of any lands, their assigns,
or personal representatives, shall have the same remedy, by action or otherwise, against the
lessor, his grantees, his assignees, or his or their representatives, for the breach of any
agreement in such lease, as such lessee might have had against his immediate lessor; but this
section shall have no application to the covenants against incumbrances, or relating to the
title or possession of the premises demised. (Code 1923, §8828; Code 1940, T. 31, §11.)...

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40-12-222
Section 40-12-222 Levy and amount of tax. (a) In addition to all other taxes now imposed by
law, there is hereby levied and shall be collected as herein provided a privilege or license
tax on each person engaging or continuing within this state in the business of leasing or
renting tangible personal property at the rate of four percent of the gross proceeds derived
by the lessor from the lease or rental of tangible personal property; provided, that the privilege
or license tax on each person engaging or continuing within this state in the business of
leasing or renting any automotive vehicle or truck trailer, semitrailer, or house trailer
shall be at the rate of one and one-half percent of the gross proceeds derived by the lessor
from the lease or rental of such automotive vehicle or truck trailer, semitrailer, or house
trailer; provided further, that the tax levied in this article shall not apply to any leasing
or rental, as lessor, by the state, or any municipality or county in the...
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7-2A-106
Section 7-2A-106 Limitation on power of parties to consumer lease to choose applicable law
and judicial forum. (1) If the law chosen by the parties to a consumer lease is that of a
jurisdiction other than a jurisdiction in which (a) the lessee resides at the time the lease
agreement becomes enforceable or within 30 days thereafter, (b) the goods are to be used,
or (c) the lease is executed by the lessee, the choice is not enforceable. (2) If the judicial
forum chosen by the parties to a consumer lease is a forum that would not otherwise have jurisdiction
over the lessee, the choice is not enforceable. (Acts 1992, 2nd Ex. Sess., No. 92-700, p.
92, §106.)...
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13A-8-140
Section 13A-8-140 Elements of offense of theft by fraudulent leasing or rental. The crime of
theft by fraudulent leasing or rental of property is committed if a person, herein called
"lessee", signs a written lease or rental contract with a person licensed to rent
or lease tangible personal property under the provisions of Article 4, Chapter 12, Title 40,
herein called "lessor", and obtains or exerts control over tangible personal property
by reason of such rental contract, with the intent, knowledge or expectation that he will
not perform the terms, covenants and agreements of the lessee provided in such rental contract.
(Acts 1986, No. 86-392, p. 576, §1.)...
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37-6-21
Section 37-6-21 Sale, lease or encumbrance of property; offeror's disclosure statement; invitations
for competing or alternative proposals; exceptions; effect of violation. A cooperative may
not sell or lease all or any substantial portion of its property, unless such sale or lease
is authorized at a duly held meeting of the members thereof by the affirmative vote of not
less than two thirds of all the members of the cooperative and unless the notice of such sale
or lease shall have been contained in the notice of the meeting. A cooperative acting through
its board of trustees may mortgage, by mortgage or deed of trust, pledge or otherwise encumber,
to secure any indebtedness of the cooperative, all or any portion of its property, assets
and the revenues and income therefrom, from time to time, when authorized by the affirmative
vote of a majority of its members at a duly held meeting after proper notice thereof. The
board of trustees of a cooperative, without authorization of the...
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43-2-844
Section 43-2-844 Transactions authorized for personal representatives; prior court approval.
Unless expressly authorized by the will, a personal representative, only after prior approval
of court, may: (1) Acquire or dispose of an asset, including land in this or another state,
for cash or on credit, at public or private sale; and manage, develop, improve, exchange,
partition, change the character of, or abandon an estate asset. (2) Make ordinary or extraordinary
repairs or alterations in buildings or other structures, demolish any improvements, or raze
existing or erect new party walls or buildings. (3) Subdivide, develop, or dedicate land to
public use; make or obtain the vacation of plats and adjust boundaries; adjust differences
in valuation on exchange or partition by giving or receiving considerations; or dedicate easements
to public use without consideration. (4) Enter for any purpose into a lease as lessor or lessee,
with or without option to purchase or renew, for a term of...
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7-2A-402
Section 7-2A-402 Anticipatory repudiation. (1) If either party repudiates a lease contract
with respect to a performance not yet due under the lease contract, the loss of which performance
will substantially impair the value of the lease contract to the other, the aggrieved party
may: (a) for a commercially reasonable time, await retraction of repudiation and performance
by the repudiating party; (b) make demand pursuant to Section 7-2A-401 and await assurance
of future performance adequate under the circumstances of the particular case; or (c) resort
to any right or remedy upon default under the lease contract or this article, even though
the aggrieved party has notified the repudiating party that the aggrieved party would await
the repudiating party's performance and assurance and has urged retraction. (2) In addition,
whether or not the aggrieved party is pursuing one of the foregoing remedies, the aggrieved
party may suspend performance or, if the aggrieved party is the lessor,...
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7-2A-405
Section 7-2A-405 Excused performance. Subject to Section 7-2A-404 on substituted performance,
the following rules apply: (a) Delay in delivery or nondelivery in whole or in part by a lessor
or a supplier who complies with paragraphs (b) and (c) is not a default under the lease contract
if performance as agreed has been made impracticable by the occurrence of a contingency the
nonoccurrence of which was a basic assumption on which the lease contract was made or by compliance
in good faith with any applicable foreign or domestic governmental regulation or order, whether
or not the regulation or order later proves to be invalid. (b) If the causes mentioned in
paragraph (a) affect only part of the lessor's or the supplier's capacity to perform, he or
she shall allocate production and deliveries among his or her customers but at his or her
option may include regular customers not then under contract for sale or lease as well as
his or her own requirements for further manufacture. He or she...
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