Chapter 79 — Secured Transactions
ORS 79.0333 UCC 9-333
Priority of certain liens arising by operation of law. (1) As used in this section, “possessory lien” means an interest, other than a security interest or an agricultural lien:
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;
Which is created by statute or rule of law in favor of the person; and
Whose effectiveness depends on the person’s possession of the goods.
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.
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Provenance
2023 Oregon Revised Statutes
Official online edition
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- oregonlegislature.gov
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Version history
Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · renumbered · designation only
Official source2023 Oregon Revised Statutes · active · operative text
Official source