C.R.S. § 4-9-333

4-9-333. Priority of certain liens arising by operation of law

Year: 2026Length: 111 wordsSubsections: 1Official source
4-9-333. Priority of certain liens arising by operation of law. (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.
C.R.S. § 4-9-333: 4-9-333. Priority of certain liens arising by operation of law | Justis AI