46 U.S.C. § 31305 — Waiver of lien rights
submitted 38 years ago by Pub. L. 100-710 to r/title-46-SHIPPING · 43 words · no verdicts yet
This section allows a mortgagee or other lien holder to waive or subordinate, at any time and by agreement or otherwise, the lien, its priority, or the preferred status of a preferred mortgage lien.
This chapter does not prevent a mortgagee or other lien holder from waiving or subordinating at any time by agreement or otherwise the lien holder’s right to a lien, the priority or, if a preferred mortgage lien, the preferred status of the lien.
This chapter does not prevent a mortgagee or other lien holder from waiving or subordinating at any time by agreement or otherwise the lien holder’s right to a lien, the priority or, if a preferred mortgage lien, the preferred status of the lien.
Source credit: (Pub. L. 100–710, title I, § 102(c), Nov. 23, 1988, 102 Stat. 4741.)
- 1988Enacted · Pub. L. 100-710 · 102 Stat. 4741
A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-710 on 1988-11-23.
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