Priority of liens arising by attachment or levy on goods; priority of certain security interests in goods.

  1. Law
  2. Oregon Revised Statutes
  3. Business Organizations, Commercial Code
  4. Leases
  5. Priority of liens arising by attachment or levy on goods; priority of certain security interests in goods.

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(2) Except as otherwise provided in subsection (3) of this section and in ORS 72A.3060 and 72A.3080, 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 ORS 79.0317, 79.0321 and 79.0323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor. [1989 c.676 §37; 1993 c.646 §6; 2001 c.445 §143]


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