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Current as of January 01, 2025 | Updated by Findlaw Staff
If a person in the ordinary course of his [or her] business furnishes services or materials with respect to goods subject to a lease contract, a lien upon those goods in the possession of that person given by statute or rule of law for those materials or services takes priority over any interest arising under the lease contract or this article of the party to the lease contract at whose instance the services or materials were furnished, but does not take priority over any such interest of the other party to the lease contract unless the lien is created by statute and the statute provides otherwise or unless the lien is created by rule of law and the rule of law provides otherwise.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 4. Uniform Commercial Code § 4-2.5-306. Priority of certain liens arising by operation of law - last updated January 01, 2025 | https://codes.findlaw.com/co/title-4-uniform-commercial-code/co-rev-st-sect-4-2-5-306/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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