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§ 25-9-333 - Priority of certain liens arising by operation of law.

NC Gen Stat § 25-9-333 (2019) (N/A)
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25-9-333. Priority of certain liens arising by operation of law.

(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 statute or rule 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.

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§ 25-9-332 - Transfer of money; transfer of funds from deposit account.
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§ 25-9-334 - Priority of security interests in fixtures and crops.