Miss. Code Ann. § 75-2A-307

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 §§ 75-1-101 to 75-9-101 (480 sections).

Laws, 1994, ch. 445, § 1; Laws, 2001, ch. 495, § 13, eff from and after Jan. 1, 2002.

(1) Except as otherwise provided in Section 75-2A-306, a creditor of a lessee takes subject to the lease contract.

(2) Except as otherwise provided in subsection (3), and in Sections 75-2A-306 and 75-2A-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 75-9-317, 75-9-321 and 75-9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.