§ 514.945 Agricultural Producer’s Lien
contract signature

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Terms Used In Minnesota Statutes > Chapter 514 > AGRICULTURAL PRODUCER'S LIEN

  • Contract: A legal written agreement that becomes binding when signed.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
  • verified: when used in reference to writings, means supported by oath or affirmation. See Minnesota Statutes 645.45