ARTICLE 1. Definition of Liens

Article 1 enacted 1872.

§§ 2872–2877 · 6 sections

• § 2872 A lien is a charge imposed in some mode other than by a transfer in trust upon specific property by which it is made security for the performance of an act.
• § 2873 Liens are either general or special.
• § 2874 A general lien is one which the holder thereof is entitled to enforce as a security for the performance of all the obligations, or all of a particular class of…
• § 2875 A special lien is one which the holder thereof can enforce only as security for the performance of a particular act or obligation, and of such obligations as…
• § 2876 Where the holder of a special lien is compelled to satisfy a prior lien for his own protection, he may enforce payment of the amount so paid by him, as a part…
• § 2877 Contracts of mortgage, pledge, bottomry, or respondentia are subject to all of the provisions of this chapter.