(1)A warrant of attachment or other warrant of execution against goods shall bind the property in the goods of the execution debtor as from the time when the warrant is delivered to the bailiff to be executed.

(2)For the better manifestation of that time under subsection (1), it shall be the duty of the bailiff without fee, upon the receipt of a warrant, to endorse upon the back of the warrant, the hour, day, month, and year when he or she received the warrant.

(3)A warrant shall not prejudice the title to the goods referred to in subsection (1) acquired by any person in good faith and for valuable consideration, unless that person had at the time when he or she acquired his or her title, notice that the warrant or any other warrant by virtue of which the goods of the execution debtor might be seized or attached had been delivered to and remained unexecuted in the hands of the bailiff.