(1) Except as otherwise provided in Code Section 11-2A-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this Code section and in Code Sections 11-2A-306 and 11-2A-308, 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 Code Sections 11-9-317, 11-9-321, and 11-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
Section: Previous 11-2a-301 11-2a-302 11-2a-303 11-2a-304 11-2a-305 11-2a-306 11-2a-307 11-2a-308 11-2a-309 11-2a-310 11-2a-311 NextLast modified: October 14, 2016