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Oregon · Through 2025 Edition

ORS 79A.3330: UCC 9-333. Priority of certain liens arising by operation of law.

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Where this section sits in the code
  1. 02 - Business Organizations, Commercial Code
  2. 8. Commercial Transactions
  3. Chapter 79A — Secured Transactions

(1) As used 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 2026-09-03T23:50:11Z. Source file · JSON

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