CODE OF VIRGINIA

PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW (§ 8.9A-333)

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: 1964, c. 219, § 8.9-310; 2000, c. 1007.