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§ 382-a-9-333 — New Hampshire Law | CourtGPT
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New Hampshire Legal Code

§ 382-a-9-333

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382-A:9-333 Priority of Certain Liens Arising by Operation of Law. – (a)'Possessory lien.' 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)Priority of possessory lien. 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. Source. 2001, 102:25, eff. July 1, 2001.