Maine Revised Statutes

Me. Rev. Stat. tit. 10, § 4012 (2026)

Priority

✓ current as of May 2026
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A security interest perfected in accordance with Title 11 has priority over any lien created or referred to by this Title unless the person claiming the lien has possession of the goods subject to the lien.   [PL 1965, c. 306, §3 (NEW).]
SECTION HISTORY
PL 1965, c. 306, §3 (NEW).
Notes of Decisions
Cited in 1 case, 2006–2006 · leading case: Yeadon Fabric Domes, Inc. v. Maine Sports Complex, LLC, 901 A.2d 200 (Me. 2006).
Yeadon Fabric Domes, Inc. v. Maine Sports Complex, LLC, 901 A.2d 200 (Me. 2006). · cites it 9× “In resolving this matter, we are called upon to determine whether two apparently conflicting statutes can be harmonized: 10 M.R.S. § 4012 (2005), which gives title 11 perfected security interests priority over title 10 liens, and 11 M.”
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