Art. 2674. Ownership of the thing

            A lease of a thing that does not belong to the lessor may nevertheless be binding on the parties.

            A lease of a corporeal movable that does not belong to the lessor has effect against the owner if the lessor has possession of the thing with the consent of the owner, is a merchant customarily selling or leasing similar things, and leases the thing for fair value in the regular course of the lessor's business to a lessee in good faith.

            Acts 2004, No. 821, §1, eff. Jan. 1, 2005; Acts 2026, No. 240, §1.