CODE OF VIRGINIA

PRIORITY OF LIENS ARISING BY ATTACHMENT OR LEVY ON, SECURITY INTERESTS IN, AND
OTHER CLAIMS TO GOODS (§ 8.2A-307)

1. Except as otherwise provided in § 8.2A-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
§§ 8.2A-306 and 8.2A-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 §§ 8.9A-317, 8.9A-321, and
8.9A-323, a lessee takes a leasehold interest subject to a security interest
held by a creditor of the lessor.

HISTORY: 1991, c. 536; 2000, c. 1007.