Okla. Stat. tit. 12A, § 12A-1-9-333
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-333, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Priority of certain liens arising by operation of
Official statutory text
law.
PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW
(a) 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 statute or rule of law in favor of the
person; and
(3) whose effectiveness depends on the person’s possession of
the goods.
(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.
PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW
(a) 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 statute or rule of law in favor of the
person; and
(3) whose effectiveness depends on the person’s possession of
the goods.
(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.
Status: in_force · Read it on the official government site
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