N.C. Gen. Stat. § 25-2A-307

Current through Session Law 2024-56
Section 25-2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
(1) Except as otherwise provided in G.S. 25-2A-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 G.S. 25-2A-306 and G.S. 25-2A-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 G.S. 25-9-317, 25-9-321, and 25-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

N.C. Gen. Stat. § 25-2A-307

1993, c. 463, s. 1; 2000-169, s. 15.