[Advertisement]

LAWDOG® Bankruptcy

PREVIOUS PAGE

LAWDOG BANKRUPTCY DICTIONARY

Statutory Lien


LAWDOG is intended to assist in the understanding of basic concepts. See Disclaimer. Always obtain legal advice from legal professionals.


Under 11 U.S.C. Section 101, the term:

(53) ''statutory lien'' means lien arising solely by force of a statute on specified circumstances or conditions, or lien of distress for rent, whether or not statutory, but does not include security interest or judicial lien, whether or not such interest or lien is provided by or is dependent on a statute and whether or not such interest or lien is made fully effective by statute;


Copyright 1996-2000 by LAWDOG.COM Publishing, Inc. All rights reserved.
LAWDOG LAWDOG Disclaimer and Trademark Return To Previous Menu