Utah Statutes

§ 70A-9a-333 — Priority of certain liens arising by operation of law.

Utah·Title 70A Uniform Commercial Code·Ch. 70A-9a Uniform Commercial Code - Secured Transactions·Part 70A-9a-3 Perfection and Priority
(1)In this section, "possessory lien" means an interest, other than a security interest or an agricultural lien:
(1)(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 the person's business;
(1)(b) which is created by statute or rule of law in favor of the person; and
(1)(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 the lien is created by a statute that expressly provides otherwise.

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Utah § 70A-9a-333 (Priority of certain liens arising by operation of law.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 252, 2000 General Session

Nearby Sections

15
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