§ 6A-9-333 - Priority of certain liens arising by operation of law. - Rhode Island Statutes

SECTION 6A-9-333

   § 6A-9-333  Priority of certain liensarising by operation of law. – (a) "Possessory lien." In this section, "possessory lien" means aninterest, other than a security interest or an agricultural lien:

   (1) Which secures payment or performance of an obligation forservices or materials furnished with respect to goods by a person in theordinary course of the person's business;

   (2) Which is created by statute or rule of law in favor ofthe person; and

   (3) Whose effectiveness depends on the person's possession ofthe goods.

   (b) Priority of possessory lien. A possessory lien ongoods has priority over a security interest in the goods unless the lien iscreated by a statute that expressly provides otherwise.