Vt. Stat. tit. 9A § 2A-307

Current through L. 2024, c. 177.
Section 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 2A-306 of this title, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this section and in sections 2A-306 and 2A-308 of this title, 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 of this title, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

9A V.S.A. § 2A-307

Added 1993, No. 158 (Adj. Sess.), § 10, eff. 1/1/1995; amended 1999, No. 106 (Adj. Sess.), §12, eff. 7/1/2001.