Plain Text Law

§ 9–333

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 9-333 (2026)
Title 9. Secured Transactions
Subtitle 3. Perfection and Priority

§ 9–333Copy Citation

(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.