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§ 79.0333 — Oregon Law | CourtGPT
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Oregon Legal Code

§ 79.0333

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(1) As used in this section, 'possessory lien' means an interest, other than a security interest or an agricultural lien:\n(a) 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;\n(b) Which is created by statute or rule of law in favor of the person; and\n(c) Whose effectiveness depends on the person’s possession of the goods.\n(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. [2001 c.445 §53]