View Our Newest Version Here

2011 Vermont Code
Title 09A Uniform Commercial Code
Article 2A Leases
§ 306 Priority of certain liens arising by operation of law


9A VT Stats § 2A-306. (2011 through Adj Sess) What's This?

§ 2A-306. Priority of certain liens arising by operation of law

If a person in the ordinary course of his or her 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. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)

Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.