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§ 7-2a-307 — Alabama Law | CourtGPT
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  3. Alabama/
  4. Title 7 - Commercial Code/
  5. Article 2a - Leases/
  6. Part 3 - Effect of Lease Contract/
  7. § 7-2a-307
Alabama Legal Code

§ 7-2a-307

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(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.