Iowa Code § 554.9333: Priority of certain liens arising by operation of law.
Where this section sits in the code
- Title XIII - COMMERCE (Ch. 505 - 554I)
- Chapter 554 - UNIFORM COMMERCIAL CODE
- Article 9 - SECURED TRANSACTIONS
- Part 3 - PERFECTION AND PRIORITY
- Subpart C - PRIORITY
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.
Collected 2026-09-14T19:40:15Z. Source file · JSON