§9-1333. Priority of certain liens arising by operation of law
(1). In this section, "possessory lien" means an interest, other than a security interest or an agricultural lien:
(a). That 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; [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(b). That is created by statute or rule of law in favor of the person; and [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(c). Whose effectiveness depends on the person's possession of the goods. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(2). 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.
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).
Structure Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Part 3: PERFECTION AND PRIORITY
11 §9-1317. Interests that take priority over or take free of security interest or agricultural lien
11 §9-1319. Rights and title of consignee with respect to creditors and purchasers
11 §9-1321. Licensee of general intangible and lessee of goods in ordinary course of business
11 §9-1324. Priority of purchase-money security interests
11 §9-1324-A. Priority of production-money security interests and agricultural liens
11 §9-1325. Priority of security interests in transferred collateral
11 §9-1326. Priority of security interests created by new debtor
11 §9-1327. Priority of security interests in deposit account
11 §9-1328. Priority of security interests in investment property
11 §9-1329. Priority of security interests in letter-of-credit right
11 §9-1330. Priority of purchaser of chattel paper or instrument
11 §9-1332. Transfer of money; transfer of funds from deposit account
11 §9-1333. Priority of certain liens arising by operation of law
11 §9-1334. Priority of security interests in fixtures and crops
11 §9-1337. Priority of security interests in goods covered by certificate of title