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Georgia State Code
Title      11
Chapter      2A  
Section Navigation   101 ... 201       202 ... 211   
   212 ... 221         301 ... 310   
   311 ... 502       503 ... 512   
   513 ... 522       523 ... 532     
Section<<< 301 302 303 304 305 306 307 308 309 310 >>>  
Title 11, Chapter 2A, Section 307 (11-2A-307)
Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.

(1) Except as otherwise provided in Code Section 11-2A-306, a creditor of a lessee takes subject to the lease contract.

(2) Except as otherwise provided in subsection (3) of this Code section and in Code Sections 11-2A-306 and 11-2A-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 Code Sections 11-9-317, 11-9-321, and 11-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Friday November 21 05:38 CST


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