Nevada § 104.9333 Priority of certain possessory liens arising by operation of law

Nevada Statutes

§ 104.9333 — Priority of certain possessory liens arising by operation of law

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Perfection and Priority

1. In this section, “possessory lien” means an interest, other than a security interest or an agricultural lien:

(a)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 his or her business;

(b)Which is created by statute or rule of law in his or her favor; and

(c)Whose effectiveness depends on his or her possession of the goods. 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.

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1. In this section, “possessory lien” means an interest, other than a security interest or an agricultural lien:
(a) 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 his or her business;
(b) Which is created by statute or rule of law in his or her favor; and
(c) Whose effectiveness depends on his or her possession of the goods.
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.

Nevada § 104.9333 (Priority of certain possessory liens arising by operation of law) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.