Public-domain · open source
OpenJurist

Tenn. Code Ann. § 47-9-333

Priority of certain liens arising by operation of law

Known as the Uniform Commercial Code

The act spans §§ 47–47 (578 sections).

Applied in 1 court decision — leading case Trustmark National Bank v. Miller (2006)

Most recently applied in Trustmark National Bank v. Miller (April 2006)

Acts 2000, ch. 846, § 1.

(1) “Possessory lien”. 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;

(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.

(4) 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.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.