Washington Code 62A.2A-306 – Priority of certain liens arising by operation of law
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(a) “Possessory lien.” In this section, “possessory lien” has the meaning defined in RCW 62A.9A-333.
Terms Used In Washington Code 62A.2A-306
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Statute: A law passed by a legislature.
(b) Priority of possessory lien. A possessory lien on goods subject to a lease contract has priority over any interest of the lessor or the lessee under the lease contract or this Article only if the lien is created by a statute that expressly so provides.
[ 2001 c 32 § 11; 1993 c 230 § 2A-306.]
NOTES:
Effective date—2001 c 32: See note following RCW 62A.9A-102.
Effective date—1993 c 230: See RCW 62A.11-110.