(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 operation 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.
History —Sept. 19, 1996, No. 241, added as § 9-333 on Jan. 17, 2012, No. 21, § 11, eff. 1 year after Jan. 17, 2012.