Section 55-9-333 - Priority of certain liens arising by operation of law. - New Mexico Statutes

55-9-333. Priority of certain liens arising by operation of law.

(a)     In this section, "possessory lien" means an interest, other than a security interest or an agricultural lien:   

(1)     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;   

(2)     that 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.