Arizona Revised Statutes § 47-2a307 Priority Of Liens Arising By Attachment Or Levy On, Security Interests In And Other Claims To Goods

47-2A307. Priority of liens arising by attachment or levy on, security interests in and other claims to goods

A. Except as otherwise provided in section 47-2A306, a creditor of a lessee takes subject to the lease contract.

B. Except as otherwise provided in subsection C of this section and in sections 47-2A306 and 47-2A308, 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.

C. Except as otherwise provided in sections 47-9317, 47-9321 and 47-9323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Section: Previous  47-2a221  47-2a301  47-2a302  47-2a303  47-2a304  47-2a305  47-2a306  47-2a307  47-2a308  47-2a309  47-2a310  47-2a311  47-2a401  47-2a402  47-2a403  Next

Last modified: October 13, 2016