70A-9a-333 - Priority of certain liens arising by operation of law.
70A-9a-333. Priority of certain liens arising by operation of law.
(1) In this section, "possessory lien" means an interest, other than a security interest or anagricultural lien:
(a) which secures payment or performance of an obligation for services or materialsfurnished with respect to goods by a person in the ordinary course of the person's business;
(b) which is created by statute or rule of law in favor of the person; and
(c) whose effectiveness depends on the person's possession of the goods.
(2) A possessory lien on goods has priority over a security interest in the goods unless thelien is created by a statute that expressly provides otherwise.
Enacted by Chapter 252, 2000 General Session