§ 25-2A-307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods. - North Carolina Statutes

§25‑2A‑307.  Priority of liens arising by attachment or levy on,security interests in, and other claims to goods.

(1)        Except as otherwiseprovided in G.S. 25‑2A‑306, a creditor of a lessee takes subject tothe lease contract.

(2)        Except as otherwiseprovided in subsection (3) of this section and in G.S. 25‑2A‑306and G.S. 25‑2A‑308, a creditor of a lessor takes subject to thelease contract unless the creditor holds a lien that attached to the goodsbefore the lease contract became enforceable.

(3)        Except as otherwiseprovided in G.S. 25‑9‑317, 25‑9‑321, and 25‑9‑323,a lessee takes a leasehold interest subject to a security interest held by acreditor of the lessor. (1993, c. 463, s. 1; 2000‑169, s. 15.)