N.D. Cent. Code § 41-09-53

Current through 2023 Legislative Sessions
Section 41-09-53 - (9-333) 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.

N.D.C.C. § 41-09-53