ARTICLE 2. Creation of Liens

Article 2 enacted 1872.

§§ 2881–2885 · 5 sections

• § 2881 A lien is created: 1. By contract of the parties; or, 2. By operation of law.
• § 2882 No lien arises by mere operation of law until the time at which the act to be secured thereby ought to be performed.
• § 2883 (a) An agreement may be made to create a lien upon property not yet acquired by the party agreeing to give the lien, or not yet in existence. In that case the…
• § 2884 A lien may be created by contract, to take immediate effect, as security for the performance of obligations not then in existence.
• § 2885 Any state agency, upon recording a state tax lien against real property, shall mail written notice of the recordation to the tax debtor, unless previous…