Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 45.12.307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods(a) Except as otherwise provided in AS 45.12.306, a creditor of a lessee takes subject to the lease contract.(b) Except as otherwise provided in (c) of this section and in AS 45.12.306 and 45.12.308, 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.(c) Except as otherwise provided in AS 45.29.317, 45.29.321, and 45.29.323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.(d)[Repealed, Sec. 31 ch 113 SLA 2000].