Mass. Gen. Laws ch. 106 § 2A-307

Current through Chapter 231 of the 2024
Section 106:2A-307 - Priority of liens arising by attachment or levy on, security investments in, and other claims to goods
(1) Except as otherwise provided in Section 2A-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) and in Sections 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 Sections 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.

Mass. Gen. Laws ch. 106, § 2A-307

Amended by Acts 2001, c. 26, § 27, eff. 7/1/2001.