Maryland Code, COMMERCIAL LAW 16-802
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Terms Used In Maryland Code, COMMERCIAL LAW 16-802
- Lien: A claim against real or personal property in satisfaction of a debt.
(a) Except as provided in subsection (b) of this section, a museum that applies conservation measures under § 17-405 of this article to property on loan to the museum has a lien on property for the costs of the conservation measures.
(b) A museum may not acquire a lien under subsection (a) of this section if there is an agreement between the museum and the lender that addresses the costs of conservation measures.