N.Y. U.C.C. Law § 2-A-307

Current through 2024 NY Law Chapters 1-59 and 61-121
Section 2-A-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 2-A-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) and in Sections 2-A-306 and 2-A-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.

N.Y. U.c.c. Law § 2-A-307