N.D. Cent. Code § 41-02.1-37

(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 §§ 41–41 (597 sections).

1. Except as otherwise provided in section 41-02.1-36, a creditor of a lessee takes subject to the lease contract.

2. Except as otherwise provided in subsection 3 and in sections 41-02.1-36 and 41-02.1-38, 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 41-09-37, 41-09-41, and 41-09-43, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.

Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.