Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 2-A-307 — Priority of Liens Arising by Attachment or Levy on, Security Interests in, and Other Claims to Goods
N.Y. U.C.C. Law § 2-A-307
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
Section 2-A-307. Priority of Liens Arising by Attachment or Levy on,
Citator
N.Y. U.C.C. Law § 2-A-307 — Priority of Liens Arising by Attachment or Levy on, Security Interests in, and Other Claims to Goods is in force in the current edition of the Code, and nothing recorded condemns it.
Section 2-A-307. Priority of Liens Arising by Attachment or Levy on,
Security Interests in, and Other Claims to Goods.
(1) Except as otherwise provided in Section 2-A-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) and in Sections 2-A-306 and 2-A-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 Sections 9--317, 9--321, and 9--323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.