Vt. Stat. tit. 9A § 9-333

Current through L. 2024, c. 142.
Section 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.

9A V.S.A. § 9-333

Added 1999, No. 106 (Adj. Sess.), § 2, eff. 7/1/2001.