N.Y. Uniform Commercial Code Law § 2-a-307: Priority of Liens Arising by Attachment or Levy on, Security Interests in, and Other Claims to Goods

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.