Priority of certain liens arising by operation of law
KRS 355.9-333
in effect355.9-333. Priority of certain liens arising by operation of law
(1) 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.
Effective: July 1, 2001
History: Created 2000 Ky. Acts ch. 408, sec. 73, effective July 1, 2001.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33786Fetched: 10/20/2026
