ARTICLE 3. Effect of Liens

Article 3 enacted 1872.

§§ 2888–2892 · 5 sections

• § 2888 Notwithstanding an agreement to the contrary, a lien, or a contract for a lien, transfers no title to the property subject to the lien.
• § 2889 All contracts for the forfeiture of property subject to a lien, in satisfaction of the obligation secured thereby, and all contracts in restraint of the right…
• § 2890 The creation of a lien does not of itself imply that any person is bound to perform the act for which the lien is a security.
• § 2891 The existence of a lien upon property does not of itself entitle the person in whose favor it exists to a lien upon the same property for the performance of…
• § 2892 One who holds property by virtue of a lien thereon, is not entitled to compensation from the owner thereof for any trouble or expense which he incurs…