70A-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 Section 70A-2a-306, a creditor of a lessee takes
subject to the lease contract.
(2) Except as otherwise provided in Subsection (3) and in Sections 70A-2a-306 and
70A-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 70A-9a-317, 70A-9a-321, and 70A-9a-323,
a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
Amended by Chapter 252, 2000 General Session
Download Code Section Zipped WordPerfect 70A02a030700.ZIP 1,884 Bytes
Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page
Last revised: Thursday, May 28, 2009