Me. Rev. Stat. tit. 11, § 2-1307

Priority of liens arising by attachment or levy on, security interests in and other claims to goods

Known as the Uniform Commercial Code

The act spans §§ 2-101 to 9-1709 (548 sections).

PL 1991, c. 805, §4 (NEW)

(1). Except as otherwise provided in section 2‑1306, a creditor of a lessee takes subject to the lease contract.

(2). Except as otherwise provided in subsection (3) and in sections 2‑1306 and 2‑1308, 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.

(a).

(b).

(c).

(3).

(4).

(5). Except as otherwise provided in section 9‑1317, 9‑1321 and 9‑1323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.