Utah Code § 70A-9a-333

Current through the 2024 Fourth Special Session
Section 70A-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) 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;
(b) which 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.

Utah Code § 70A-9a-333

Enacted by Chapter 252, 2000 General Session.