§2-1307. Priority of liens arising by attachment or levy on, security interests in and other claims to goods
(1).
Except as otherwise provided in section 2‑1306, a creditor of a lessee takes subject to the lease contract.
[PL 1999, c. 699, Pt. B, §15 (RPR); PL 1999, c. 699, Pt. B, §28 (AFF).]
(2).
Except as otherwise provided in subsection (3) and in sections 2‑1306 and 2‑1308, 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.
(a).
[PL 1999, c. 699, Pt. B, §15 (RP); PL 1999, c. 699, Pt. B, §28 (AFF).]
(b).
[PL 1999, c. 699, Pt. B, §15 (RP); PL 1999, c. 699, Pt. B, §28 (AFF).]
(c).
[PL 1999, c. 699, Pt. B, §15 (RP); PL 1999, c. 699, Pt. B, §28 (AFF).]
[PL 1999, c. 699, Pt. B, §15 (RPR); PL 1999, c. 699, Pt. B, §28 (AFF).]
(3).
[PL 1999, c. 699, Pt. B, §15 (RP); PL 1999, c. 699, Pt. B, §28 (AFF).]
(4).
[PL 1999, c. 699, Pt. B, §15 (RP); PL 1999, c. 699, Pt. B, §28 (AFF).]
(5).
Except as otherwise provided in section 9‑1317, 9‑1321 and 9‑1323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
[PL 1999, c. 699, Pt. B, §15 (NEW); PL 1999, c. 699, Pt. B, §28 (AFF).]
SECTION HISTORY
PL 1991, c. 805, §4 (NEW). PL 1999, c. 699, §B15 (RPR). PL 1999, c. 699, §B28 (AFF).