2013 Maryland Code
COMMERCIAL LAW
§ 2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods


MD Comm L Code § 2A-307 (2013) What's This?

(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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