GroundRules
← Search the law
New York · Through 2026-09-11

N.Y. Uniform Commercial Code Law § 9-333: Priority of Certain Liens Arising by Operation of Law

Read at publisher ↗
Where this section sits in the code
  1. Uniform Commercial Code Law
  2. Article 9. Secured Transactions
  3. Part 3. Perfection and Priority
  4. Subpart 3. Priority

Section 9--333. Priority of Certain Liens Arising by Operation of Law.

(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.

Collected 2026-09-14T19:32:45Z. Source file · JSON

Browse this collection