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§ 30-9a-333 — Montana Law | CourtGPT
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  5. Chapter 9a - Uniform Commercial Code Secured Transactions/
  6. Part 3 - Perfection and Priority30-9a-301. Law Governing Perfection and Priority of Security Interests/
  7. § 30-9a-333
Montana Legal Code

§ 30-9a-333

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30-9A-333. Priority of certain liens arising by operation of law. (1) In this section, 'possessory lien' means an interest, other than a security interest or an agricultural lien: (a) that 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; (b) that is created by statute or rule of law in favor of the person; and (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. History: En. Sec. 52, Ch. 305, L. 1999; Sec. 30-9-353, MCA 1999; redes. 30-9A-333 by Code Commissioner, 2001.