(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.Derived from former 1972 Code § 75-9-310 [Codes, 1942, § 41A:9-310; Laws, 1966, ch. 316, § 9-310, eff. 3/31/1968] and enacted by Laws, 2001, ch. 495, § 1, eff. 1/1/2002.
Mississippi Legal Code