Priority of certain liens arising by operation of law (§ 8.9A-333)

§ 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.