71-3-101: Definitions.
Where this section sits in the code
- TITLE 71. MORTGAGES, PLEDGES, AND LIENS
- CHAPTER 3. LIENS
- Part 1. General Provisions
For purposes of this part, the following definitions apply:
(1) A "general lien" is one which the holder of the lien is entitled to enforce as a security for the performance of all the obligations or all of a particular class of obligations that exist in the holder's favor against the owner of the property.
(2) 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. Liens are either general or special.
(3) A "special lien" is one that the holder of the lien can enforce only as security for the performance of a particular act or obligation and of the obligations that may be incidental to the particular act or obligation.
Collected 2026-09-14T04:58:51Z. Source file · JSON