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North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 25-9-333: Priority of certain liens arising by operation of law.

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Where this section sits in the code
  1. Chapter 25. Uniform Commercial Code.
  2. Article 9. Secured Transactions.
  3. Part 3. Perfection and Priority.

(a) "Possessory lien." - 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) Priority of possessory lien. - 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. (1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000-169, s. 1.)

Collected 2026-08-27T17:58:47Z. Source file · JSON

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