Ala. Code § 7-2A-307: Priority Over Lease Contract.
Where this section sits in the code
- Title 7 Commercial Code.
- Article 2A Leases.
- Part 3 Effect of Lease Contract.
(1) Except as otherwise provided in Section 7-2A-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) and in Sections 7-2A-306 and 7-2A-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 Sections 7-9A-317, 7-9A-321, and 7-9A-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
Collected 2026-09-03T14:01:51Z. Source file · JSON