§ 8.9A-333 Priority of certain liens arising by operation of law
a. “Possessory lien.” In this section, “possessory lien” means an interest, other than a security interest or an agricultural lien:
1. which secures payment or performance of an obligation for services or materials furnished with respect to goods by a person in the ordinary course of the person’s business;
2. which is created by statute or rule of law in favor of the person; and
3. whose effectiveness depends on the person’s possession of the goods.
b. Priority of possessory lien. A possessory lien on goods has priority over a security interest in the goods unless the lien is created by a statute that expressly provides otherwise.
History
This law was first created in 1964. The record of its establishment is cataloged in chapter 219 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1964 “Acts” aren’t available online. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2000, chapter 1007.
1964, c. 219, § 8.9-310; 2000, c. 1007.