A. In this section, "possessory lien" means an interest, other than a security interest or an agricultural lien:

Terms Used In Arizona Laws 47-9333

  • Goods: means all things that are movable when a security interest attaches. See Arizona Laws 47-9102
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Statute: A law passed by a legislature.

1. That 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. That 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.