§ 4-2-5-307

(1) Except as otherwise provided in section 4-2.5-306, a creditor of a lessee takes subject to the lease contract.(2) Except as otherwise provided in subsection (3) of this section and in sections 4-2.5-306 and 4-2.5-308, 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 4-9-317, 4-9-321, and 4-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.L. 91: Entire article added, p. 292, § 1, effective 7/1/1992. L. 2001: Entire section R&RE, p. 1440, § 25, effective July 1.