§490:2A-307 Priority of liens arising by attachment or levy on, security interests in, and other claims to goods. (a) Except as otherwise provided in section 490:2A-306, a creditor of a lessee takes subject to the lease contract.
(b) Except as otherwise provided in subsection (c) and sections 490:2A-306 and 490:2A-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.
(c) Except as otherwise provided in sections 490:9-317, 490:9-321, and 490:9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor. [L 1991, c 40, pt of §1; am L 2000, c 241, §18]
Section: Previous 490-2a-221 490-2a-301 490-2a-302 490-2a-303 490-2a-304 490-2a-305 490-2a-306 490-2a-307 490-2a-308 490-2a-309 490-2a-310 490-2a-311 490-2a-401 490-2a-402 490-2a-403 NextLast modified: October 27, 2016