PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY
ON, SECURITY INTERESTS IN, AND OTHER CLAIMS TO GOODS
(1) Except as otherwise provided in Section 2A-306 of this title, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this section and in Sections 2A-306 and 2A-308 of this title, 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 1-9-317, 1-9-321, and 1-9-323 of this title, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
Added by Laws 1988, c. 86, § 37, eff. Nov. 1, 1988. Amended by Laws 1991, c. 117, § 8, eff. Jan. 1, 1992; Laws 2000, c. 371, § 155, eff. July 1, 2001.
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