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Terms Used In Maine Revised Statutes Title 10 Sec. 4012

  • Lien: A claim against real or personal property in satisfaction of a debt.
A security interest perfected in accordance with Title 11 has priority over any lien created or referred to by this Title unless the person claiming the lien has possession of the goods subject to the lien. [PL 1965, c. 306, §3 (NEW).]
SECTION HISTORY

PL 1965, c. 306, §3 (NEW).