§ 8.2A-307. Priority of liens arising by attachment or levy on, security interests in, and other claims to good...
(1) Except as otherwise provided in § 8.2A-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this section and in §§ 8.2A-306 and 8.2A-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 §§ 8.9A-317, 8.9A-321, and 8.9A-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
(1991, c. 536; 2000, c. 1007.)
Sections: Previous 8.2A-301 8.2A-302 8.2A-303 8.2A-304 8.2A-305 8.2A-306 8.2A-307 8.2A-308 8.2A-309 8.2A-310 8.2A-311 NextLast modified: April 3, 2009