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§ 45-12-307 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 45 - Trade and Commerce/
  5. Chapter 12 - Leases/
  6. Article 3 - Effect of Lease Contract.sec. 45.12.301. Enforceability of Lease Contract/
  7. § 45-12-307
Alaska Legal Code

§ 45-12-307

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(a) Except as otherwise provided in AS 45.12.306, a creditor of a lessee takes subject to the lease contract. (b) Except as otherwise provided in (c) of this section and in AS 45.12.306 and 45.12.308, 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. (c) Except as otherwise provided in AS 45.29.317, 45.29.321, and 45.29.323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor. (d) [Repealed, § 31 ch 113 SLA 2000.]