Sec. 45.12.307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
121 words·~1 min read·
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Sec. 45.12.307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
(a)Except as otherwise provided in AS 45.12.306 , a creditor of a lessee takes subject to the lease contract.
(b)Except as otherwise provided in
(c)of this section and in AS 45.12.306 and 45.12.308, 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.
(c)Except as otherwise provided in AS 45.29.317 , 45.29.321, and 45.29.323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
(d)[Repealed, § 31 ch 113 SLA 2000.]