Code of Virginia § 8.2A-307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
105 words·~1 min read·
/va/chapter-3/8-2a-307A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Except as otherwise provided in § 8.2A-306 , a creditor of a lessee takes subject to the lease contract.
(2)Except as otherwise provided in subsection
(3)of this section and in §§ 8.2A-306 and 8.2A-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.
(3)Except as otherwise provided in §§ 8.9A-317 , 8.9A-321 , and 8.9A-323 , a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
1991, c. 536; 2000, c. 1007 .