11 §2-1307. Priority of liens arising by attachment or levy on, security interests in and other claims to goods - Maine Statutes

Title 11: UNIFORM COMMERCIAL CODE

Article 2-A: LEASES HEADING: PL 1991, C. 805, §4 (NEW)

Part 3: EFFECT OF LEASE CONTRACT HEADING: PL 1991, C. 805, §4 (NEW)

§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.

[ 1999, c. 699, Pt. B, §15 (RPR); 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). [1999, c. 699, Pt. B, §15 (RP); 1999, c. 699, Pt. B, §28 (AFF).]

(b). [1999, c. 699, Pt. B, §15 (RP); 1999, c. 699, Pt. B, §28 (AFF).]

(c). [1999, c. 699, Pt. B, §15 (RP); 1999, c. 699, Pt. B, §28 (AFF).]

[ 1999, c. 699, Pt. B, §15 (RPR); 1999, c. 699, Pt. B, §28 (AFF) .]

(3).

[ 1999, c. 699, Pt. B, §15 (RP); 1999, c. 699, Pt. B, §28 (AFF) .]

(4).

[ 1999, c. 699, Pt. B, §15 (RP); 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.

[ 1999, c. 699, Pt. B, §15 (NEW); 1999, c. 699, Pt. B, §28 (AFF) .]

SECTION HISTORY

1991, c. 805, §4 (NEW). 1999, c. 699, §B15 (RPR). 1999, c. 699, §B28 (AFF).