Indiana § 26-1-2.1-306 Priority of certain liens arising by operation of law

Indiana Statutes

§ 26-1-2.1-306 — Priority of certain liens arising by operation of law

Indiana § 26-1-2.1-306

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 2.1Leases

This text of Indiana § 26-1-2.1-306 (Priority of certain liens arising by operation of law) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-2.1-306 (2026).

Text

If a person in the ordinary course of the
person's business furnishes services or materials with respect to goods
subject to a lease contract, a lien upon those goods in the possession of
that person given by statute or rule of law for those materials or
services takes priority over any interest of the lessor or lessee under the
lease contract or IC 26-1-2.1 unless the lien is created by statute and
the statute provides otherwise or unless the lien is created by rule of
law and the rule of law provides otherwise.

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If a person in the ordinary course of the
person's business furnishes services or materials with respect to goods
subject to a lease contract, a lien upon those goods in the possession of
that person given by statute or rule of law for those materials or
services takes priority over any interest of the lessor or lessee under the
lease contract or IC 26-1-2.1 unless the lien is created by statute and
the statute provides otherwise or unless the lien is created by rule of
law and the rule of law provides otherwise.