{"data":{"id":"us-ak/as-45.29.333","jurisdiction":"us-ak","citation":"AS 45.29.333","heading":"Priority of certain liens arising by operation of law.","body":"(a) In this section, “possessory lien” means an interest, other than a security interest or an agricultural lien,\n(1) that 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;\n(2) that is created by statute or rule of law in favor of the person; and\n(3) whose effectiveness depends on the person's possession of the goods.\n(b) 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.","path":["Title 45. Trade and Commerce.","Chapter 29. Secured Transactions.","Article 3. Perfection and Priority."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.29.333","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"3efb7f0288d9a6901b1aad48b9dd5fdb0f21bdee9b0e6735cd9f802f126d269a","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.29.332","next":"us-ak/as-45.29.334"},"notice":"GroundRules: Original legal text. Not legal advice."}
