Satisfaction of Lien by Person Claiming Interest in Property

4 CMC § 51542 — under Statutory Liens.

4 CMC § 51542

TITLE 4: ECONOMIC RESOURCES

DIVISION 5: BUSINESS REGULATION

§ 51542. Satisfaction of Lien by Person Claiming Interest in Property. Before the sale to satisfy the lien, any person claiming an interest in the personal property may pay the amount necessary to satisfy the lien and the reasonable expenses incurred by the owner to protect his lien. If this is done, the personal property must not be sold, but the owner shall retain the property pending an order by a court which directs the disposition of the property. Source: PL 15-117, § 2(51442).