Current through the 2023 Legislative Sessions
Section 41-02.1-37 - (2A-307) Priority of liens arising by attachment or levy on, security interests in, and other claims to goods1. Except as otherwise provided in section 41-02.1-36, a creditor of a lessee takes subject to the lease contract.2. Except as otherwise provided in subsection 3 and in sections 41-02.1-36 and 41-02.1-38, 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 41-09-37, 41-09-41, and 41-09-43, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.