§ 12A-1-9-333. Priority of certain liens arising by operation of law.

PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW

(a)  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)  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.

Added by Laws 2000, c. 371, § 60, eff. July 1, 2001.