SECTION 2A-307. Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods  


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  • (1) Except as otherwise provided in Section 2A-306, a creditor of a lessee takes subject to the lease contract.

    (2) Except as otherwise provided in subsection (3) and in Sections 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 Sections 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.