GroundRules
← Search the law
Alabama · Through Act 2026-611

Ala. Code § 7-2A-307: Priority Over Lease Contract.

Read at publisher ↗
Where this section sits in the code
  1. Title 7 Commercial Code.
  2. Article 2A Leases.
  3. 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

Browse this collection