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§ 47-2a-307 — Tennessee Law | CourtGPT
  1. Home/
  2. Laws/
  3. Tennessee/
  4. Title 47 - Commercial Instruments and Transactions/
  5. Chapter 2a - Leases/
  6. Part 3 - Effect of Lease Contract/
  7. § 47-2a-307
Tennessee Legal Code

§ 47-2a-307

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(1) Except as otherwise provided in § 47-2A-306, a creditor of a lessee takes subject to the lease contract.(2) Except as otherwise provided in subsection (3) and in §§ 47-2A-306 and 47-2A-308, a creditor of a lessor takes subject to the lease unless the creditor holds a lien that attached to the goods before the lease contract became enforceable.(3) Except as otherwise provided in §§ 47-9-317, 47-9-321, and 47-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.Acts 1993, ch. 398, § 1; 2000, ch. 846, § 11.