HRS §490:2A-307
Who wins when a creditor claims leased goods
This section says who has a stronger claim to leased goods when a creditor gets involved. It covers creditors of the lessee, creditors of the lessor, and security interests. The rules depend on when the lease or lien happened. It is a narrow priority rule.
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The statute, as written — Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
(a) Except as otherwise provided in section 490:2A-306, a creditor of a lessee takes subject to the lease contract. (b) Except as otherwise provided in subsection (c) and sections 490:2A-306 and 490:2A-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. (c) Except as otherwise provided in sections 490:9-317, 490:9-321, and 490:9-323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
Sections this one refers to
§490:9-317 Who gets paid first when there is a security interest
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