2010 Georgia Code 11-2a-307 Case Law
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One Click Case Law for § 11-2a-307
O.C.G.A. § 11-2a-306 <-- --> O.C.G.A. §11-2a-308



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 2A - LEASES
PART 3 - EFFECT OF LEASE CONTRACT
§ 11-2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods

O.C.G.A. 11-2A-307 (2010)
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.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com