Sentence examples for statutory lien from inspiring English sources
The exception relating to satisfaction of a statutory lien is deleted.
The exception for a lien created under title 11 is deleted since such a lien is a statutory lien that will not be avoidable in a subsequent bankruptcy.
By so doing petitioner was relieved of the necessity of establishing that the payment was not voluntary 4 and obtained the advantage of a statutory lien lis pendens on the tax payment.
An example of a statutory lien in general use in the United States is the mechanic's lien, most commonly of statutory creation, that confers upon builders, contractors, and others furnishing labour and materials for land improvement an interest in the land so improved as security for payment for their services.
'It is contended,' said the court, 'that as the provision of the act in respect to the execution and exchange of the State bonds is unconstitutional, the one in relation to the statutory lien on the property of the company is also void and must fall.
In addition to the common-law possessory liens, there are also equitable and statutory liens.
Paragraph (6) excepts statutory liens validated under section 545 from preference attack.
It introduces no new element in the statutory scheme for, as we have said, the lien which Sec. 646 protects may often have been obtained without personal service.
Charging orders deal exclusively with the latter, since that is the statutory method by which a creditor imposes a lien on the debtor-member's interests in an asset against the debtor-member's will.
Hauan, Ciric, Westerberg & Lien (1999b).
