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2024 Colorado Revised Statutes
Title 4 - UNIFORM COMMERCIAL CODE (§§ 4-1-101 — 4-13-306)
Article 9 - Secured Transactions (§§ 4-9-101 — 4-9-809)
Part 3 - PERFECTION AND PRIORITY (§§ 4-9-301 — 4-9-342)
Section 4-9-333 - Priority of certain liens arising by operation of law
Universal Citation:
CO Rev Stat § 4-9-333 (2024)
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- (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 if the lien is created by a statute that expressly so provides.
L. 2001: Entire article R&RE, p. 1366, § 1, effective July 1.
(1) This section is similar to former § 4-9-310 as it existed prior to 2001.
(2) Colorado legislative change: Colorado substituted the word "if" for "unless" and substituted the phrase "so provides" for "provides otherwise" in subsection (b).
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