Maryland Commercial Law Section 2A-307

Article - Commercial Law

§ 2A-307.

      (1)      Except as otherwise provided in § 2A-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 §§ 2A-306 and 2A-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 §§ 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.



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