Secured Transactions Act · s 44

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s 44Buyer or lessee of goods sold or leased in ordinary course of business takes goods free of certain security interests

A buyer of goods sold in the ordinary course of business of the seller and a lessee of goods leased in the ordinary course of business of the lessor shall take the goods free of a security interest created by the seller or lessor unless the buyer or lessee knows that the sale or lease constitutes a breach of the security agreement under which the security interest was created.