{"data":{"id":"us-sc/s.c.-code-ann.-36-2a-307","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 36-2A-307","heading":"Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.","body":"(1) Except as otherwise provided in Section 36-2A-306, a creditor of a lessee takes subject to the lease contract.\n(2) Except as otherwise provided in subsections (3) and (4) and in Sections 36-2A-306 and 36-2A-308, a creditor of a lessor takes subject to the lease contract unless:\n(a) the creditor holds a lien that attached to the goods before the lease contract became enforceable,\n(b) the creditor holds a security interest in the goods and the lessee did not give value and receive delivery of the goods without knowledge of the security interest; or\n(c) the creditor holds a security interest in the goods which was perfected (Section 36-9-303) before the lease contract became enforceable.\n(3) A lessee in the ordinary course of business takes the leasehold interest free of a security interest in the goods created by the lessor even though the security interest is perfected (Section 36-9-303) and the lessee knows of its existence.\n(4) A lessee other than a lessee in the ordinary course of business takes the leasehold interest free of a security interest to the extent that it secures future advances made after the secured party acquires knowledge of the lease or more than forty-five days after the lease contract becomes enforceable, whichever first occurs, unless the future advances are made pursuant to a commitment entered into without knowledge of the lease and before the expiration of the forty-five-day period.","path":["Title 36 - COMMERCIAL CODE","CHAPTER 2A Commercial Code—Leases","Part 3 Effect of Lease Contract"],"source_url":"https://www.scstatehouse.gov/code/t36c002A.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:08:09Z","sha256":"c6a57c4f0d63e3478a879c37d407ad7badc6e3a816122af92076b7ee746c8231","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-36-2a-306","next":"us-sc/s.c.-code-ann.-36-2a-308"},"notice":"GroundRules: Original legal text. Not legal advice."}
