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Terms Used In New Jersey Statutes 2A:44-160

  • Lien: A claim against real or personal property in satisfaction of a debt.
A processor having a lien upon the property of others that has come into his possession and the amount due shall remain due and unpaid either in whole or in part for 2 months after the same becomes due and payable, may sell the property at public auction.

L.1951 (1st SS), c.344.