D.C. Code § 28:2A-307

Current through codified legislation effective October 30, 2024
Section 28:2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
(a) Except as otherwise provided in § 28:2A-306, a creditor of a lessee takes subject to the lease contract.
(b) Except as otherwise provided in subsection (c) of this section and in §§ 28:2A-306 and 28:2A-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.
(c) Except as otherwise provided in §§ 28:9-317, 28:9-321, and 28:9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

D.C. Code § 28:2A-307

July 22, 1992, D.C. Law 9-128, § 2(b), 39 DCR 3830; Oct. 26, 2000, D.C. Law 13-201, § 201(d)(3), 47 DCR 7576.