South Dakota § 57A-9-333 "Possessory lien"--Priority over security interest.

South Dakota Statutes

§ 57A-9-333 — "Possessory lien"--Priority over security interest.

South Dakota § 57A-9-333

Title 57AUNIFORM COMMERCIAL CODE

Ch. 57A-6SECURED TRANSACTIONS

This text of South Dakota § 57A-9-333 ("Possessory lien"--Priority over security interest.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 57A-9-333 (2026).

Text

(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.

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(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.