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Section 4-9-333 - Priority of certain liens arising by operation of law — Arkansas Law | CourtGPT
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  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 1 - Uniform Commercial Code/
  6. Chapter 9 - Secured Transactions/
  7. Part 3 - Perfection and Priority 1 - Law Governing Perfection and Priority (§§ 4-9-301 — 4-9-307)/
  8. 3 - Perfection and Priority 3 - Priority (§§ 4-9-317 — 4-9-339)/
  9. Section 4-9-333 - Priority of certain liens arising by operation of law
Arkansas Legal Code

Section 4-9-333 - Priority of certain liens arising by operation of law

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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.Acts 2001, No. 1439, § 1.