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

(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 if the lien is created by a statute that expressly so provides.L. 2001: Entire article R&RE, p. 1366, § 1, effective July 1.(1) This section is similar to former § 4-9-310 as it existed prior to 2001.(2) Colorado legislative change: Colorado substituted the word 'if' for 'unless' and substituted the phrase 'so provides' for 'provides otherwise' in subsection (b).