§ 25-2A-307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.

§25‑2A‑307.  Priority of liens arising by attachment or levy on,security interests in, and other claims to goods.

(1)        Except as otherwiseprovided in G.S. 25‑2A‑306, a creditor of a lessee takes subject tothe lease contract.

(2)        Except as otherwiseprovided in subsection (3) of this section and in G.S. 25‑2A‑306and G.S. 25‑2A‑308, a creditor of a lessor takes subject to thelease contract unless the creditor holds a lien that attached to the goodsbefore the lease contract became enforceable.

(3)        Except as otherwiseprovided 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 acreditor of the lessor. (1993, c. 463, s. 1; 2000‑169, s. 15.)