Ga. Code § 11-2A-307

Current through 2023-2024 Legislative Session Chapter 709
Section 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.

OCGA § 11-2A-307

Amended by 2001 Ga. Laws 191, § 11, eff. 7/1/2001.