Section 307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods. - Maryland Statutes

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

(1)  Except as otherwise provided in § 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 §§ 2A-306 and 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 §§ 9-317, 9-321, and 9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor. 
 

[1994, ch. 535; 1999, ch. 282, § 2.]