§§ 400.9-333, RSMo

Current with changes from the 2024 Legislative Session
Section 400.9-333 - 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) 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;
(2) Which 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.

§§ 400.9-333, RSMo

L. 2001 S.B. 288
Effective 7/1/2001