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Code · Wisconsin · Chapter 411 — Uniform commercial code — leases

411.307 Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.

110 words·~1 min read·/wi/chapter-411/411-307-3

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411.307 Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
(1)Except as provided in s. 411.306 , a creditor of a lessee takes subject to the lease contract.
(2)Except as provided in sub.
(3)and ss. 411.306 and 411.308 , 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 ss. 409.317 , 409.321 , and 409.323 , a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
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