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2 A 307 — New York Law | CourtGPT
  1. Home/
  2. Laws/
  3. New York/
  4. Ucc - Uniform Commercial Code/
  5. Article 2-a - Leases/
  6. Part 3 - Effect of Lease Contract2-a-301 - Enforceability of Lease Contract/
  7. 2 A 307
New York Legal Code

2 A 307

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(1) Except as otherwise provided in Section 2-A-306, a creditor of a lessee takes subject to the lease contract. (2) Except as otherwise provided in subsection (3) and in Sections 2-A-306 and 2-A-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 9--317, 9--321, and 9--323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.