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2017 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 072A - Leases
Section 72A.3070 - Priority of liens arising by attachment or levy on goods; priority of certain security interests in goods.
Universal Citation: OR Rev Stat § 72A.3070 (2017)
(1) Except as otherwise provided in ORS 72A.3060, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this section and in ORS 72A.3060 and 72A.3080, 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 ORS 79.0317, 79.0321 and 79.0323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor. [1989 c.676 §37; 1993 c.646 §6; 2001 c.445 §143]
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