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Can you summarize MNST 336.2A-307?
UNIFORM COMMERCIAL CODE > PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY ON, SECURITY INTERESTS IN, AND OTHER CLAIMS TO GOODS.
Short Summary
(1) Except as otherwise provided in section 336.2A-306 , a creditor of a lessee takes subject to the lease contract. (2) Except as otherwise provided in subsection (3) and in sections 336.2A-306 and 336.2A-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 sections 336.9-317 , 336.9-321 , and 336.9-323 , a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor. History: 1989 c 232 art 1 s 2A-307; 1991 c 171 art 1 s 5; 2000 c 399 art 2 s 10
Jurisdiction
Minnesota