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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Except as otherwise provided in AS 45.12.306, a creditor of a lessee takes subject to the lease contract.
(b) Except as otherwise provided in (c) of this section and in AS 45.12.306 and 45.12.308, 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.
(c) Except as otherwise provided in AS 45.29.317, 45.29.321, and 45.29.323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
(d) Repealed by SLA 2000, ch. 113, § 31, eff. July 1, 2001.
Cite this article: FindLaw.com - Alaska Statutes Title 45. Trade and Commerce § 45.12.307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-45-trade-and-commerce/ak-st-sect-45-12-307/
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