Ky. Rev. Stat. § 355.2A-307

Current through 2024 Ky. Acts ch. 225
Section 355.2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
(1) Except as otherwise provided in KRS 355.2A-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this section and in KRS 355.2A-306 and 355.2A-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 KRS 355.9-317, 355.9-321, and 355.9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

KRS 355.2A-307

Effective:7/1/2001
Amended 2000, Ky. Acts ch. 408, sec. 165, effective7/1/2001. -- Amended 1992 Ky. Acts ch. 116, sec. 6, effective 1/1/1993 -- Created 1990 Ky. Acts ch. 363, sec. 37, effective 1/1/1991.