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§ 26-1-2-1-307 — Indiana Law | CourtGPT
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  5. Article 1 - Uniform Commercial Code/
  6. Chapter 2.1 - Leases26-1-2.1-101. Short Title/
  7. § 26-1-2-1-307
Indiana Legal Code

§ 26-1-2-1-307

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1-306, a creditor of a lessee takes subject to the lease contract.(2) Except as otherwise provided in subsection (3) and in IC 26-1-2.1-306 and IC 26-1-2.1-308, 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 IC 26-1-9.1-317, IC 26-1-9.1-321, and IC 26-1-9.1-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.As added by P.L.189-1991, SEC.3. Amended by P.L.57-2000, SEC.25.