2015 Connecticut General Statutes
Title 42a - Uniform Commercial Code
Article 2A - Leases
Section 42a-2A-407 - Priority of liens arising by attachment or levy on goods.

CT Gen Stat § 42a-2A-407 (2015) What's This?

(a) Except as otherwise provided in section 42a-2A-406, a creditor of a lessee takes subject to the lease contract.

(b) Except as otherwise provided in subsection (c) of this section and sections 42a-2A-406 and 42a-2A-408, 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.

(c) Except as otherwise provided in sections 42a-9-317, 42a-9-321 and 42a-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

(P.A. 02-131, S. 34.)

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