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§ 2A-307. Priority of Liens Arising by Attachment or Levy on, Security Interests in, and Other ...

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 2a. Leases (Refs & Annos)
12A Okl.St.Ann. § 2A-307
§ 2A-307. Priority of Liens Arising by Attachment or Levy on, Security Interests in, and Other Claims to Goods
Currentness
Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
(1) Except as otherwise provided in Section 2A-306 of this title, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this section and in Sections 2A-306 and 2A-308 of this title, 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 Sections 1-9-317, 1-9-321, and 1-9-323 of this title, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Credits

Laws 1988, c. 86, § 37, eff. Nov. 1, 1988; Laws 1991, c. 117, § 8, eff. Jan. 1, 1992; Laws 2000, c. 371, § 155, eff. July 1, 2001.
12A Okl. St. Ann. § 2A-307, OK ST T. 12A § 2A-307
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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