Bill number does not exist. Enter a vaild keyword.
Facebook Twitter Youtube Channels

Statutes Text

Article - Commercial Law




§2A–307.

    (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.



Click to return on the top page