RS 10:9-333
122 words·~1 min read·
/la/title-10/10-323A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 10:9-333
§9-333. Priority of certain liens arising by operation of law
(a)"Possessory lien." In this section, "possessory lien" means a lien other than 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 operation 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.
Acts 2001, No. 128, §1, eff. July 1, 2001.