Wis. Stat. § 409.333: Priority of certain liens arising by operation of law.
Where this section sits in the code
- Chs. 401-411, Uniform Commercial Code
- Chapter 409 Uniform Commercial Code — Secured Transactions
- SUBCHAPTER III PERFECTION AND PRIORITY
(1) Possessory lien. 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) 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 2026-09-05T12:01:22Z. Source file · JSON