N.Y. UCC Law § 2-A-307
This is the official text of N.Y. UCC Law § 2-A-307, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
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Priority of Liens Arising by Attachment or Levy on, Security Interests in, and Other Claims to Goods
Official statutory text
Section 2-A-307. Priority of Liens Arising by Attachment or Levy on,\n Security Interests in, and Other Claims to Goods.\n (1) Except as otherwise provided in Section 2-A-306, a creditor of a\nlessee takes subject to the lease contract.\n (2) Except as otherwise provided in subsection (3) and in Sections\n2-A-306 and 2-A-308, a creditor of a lessor takes subject to the lease\ncontract unless the creditor holds a lien that attached to the goods\nbefore the lease contract became enforceable.\n (3) Except as otherwise provided in Sections 9--317, 9--321, and\n9--323, a lessee takes a leasehold interest subject to a security\ninterest held by a creditor of the lessor.\n
Status: in_force · Read it on the official government site
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