Idaho § 28-12-307 PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY ON, SECURITY INTERESTS IN, AND OTHER CLAIMS TO GOODS

Idaho Statutes

§ 28-12-307 — PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY ON, SECURITY INTERESTS IN, AND OTHER CLAIMS TO GOODS

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 3. EFFECT OF LEASE CONTRACT·Ch. 12 UNIFORM COMMERCIAL CODE — LEASES

(1)Except as otherwise provided in section 28-12-306, a creditor of a lessee takes subject to the lease contract.

(2)Except as otherwise provided in subsection (3) of this section and in sections 28-12-306 and 28-12-308, 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.

(3)Except as otherwise provided in sections 28-9-317, 28-9-321 and 28-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Except as otherwise provided in section 28-12-306, a creditor of a lessee takes subject to the lease contract.
(2) Except as otherwise provided in subsection (3) of this section and in sections 28-12-306 and 28-12-308, 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.
(3) Except as otherwise provided in sections 28-9-317, 28-9-321 and 28-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Idaho § 28-12-307 (PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY ON, SECURITY INTERESTS IN, AND OTHER CLAIMS TO GOODS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.