11 §2-1306. Priority of certain liens arising by operation of law

Title 11: UNIFORM COMMERCIAL CODE

Article 2-A: LEASES HEADING: PL 1991, C. 805, §4 (NEW)

Part 3: EFFECT OF LEASE CONTRACT HEADING: PL 1991, C. 805, §4 (NEW)

§2-1306. Priority of certain liens arising by operation of law

If a person in the ordinary course of business furnishes services or materials with respect to goods subject to a lease contract, a lien upon those goods in the possession of that person given by statute or rule of law for those materials or services takes priority over any interest of the lessor or lessee under the lease contract or this Article unless the lien is created by statute and the statute provides otherwise or unless the lien is created by rule of law and the rule of law provides otherwise. [1991, c. 805, §4 (NEW).]

SECTION HISTORY

1991, c. 805, §4 (NEW).