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§490:2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.

     §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]

 

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