Montana Statutes

§ 30-2A-307 — Priority Of Liens Arising By Attachment Or Levy On, Security Interests In, And Other Claims To Goods

Montana·Title 30 TRADE AND COMMERCE·Ch. 2A UNIFORM COMMERCIAL CODE LEASES·Part 3 Effect of Lease Contract

30-2A-307 . Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.

(1)Except as otherwise provided in 30-2A-306 , a creditor of a lessee takes subject to the lease contract.
(2)Except as otherwise provided in 30-2A-306 , 30-2A-308 , and subsection (3) of this section, 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 30-9A-317 , 30-9A-321 , and 30-9A-323 , a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

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Montana § 30-2A-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.

Legislative History

En. Sec. 43, Ch. 410, L. 1991; amd. Sec. 139, Ch. 305, L. 1999.

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