Jump to content

agricultural lien

From Wiktionary, the free dictionary

English

[edit]

Noun

[edit]

agricultural lien (plural agricultural liens)

  1. (US, law) A statutory lien that protects the seller of farming equipment by giving the seller a lien on crops grown with the equipment.
    • 2007, Milton C. Toby, chapter 6, in The Complete Equine Legal & Business Handbook: Legal Insights and Practical Tips for a Successful Horse Business, →ISBN, page 112:
      Filing with the state generally is required to perfect an agricultural lien unless the collateral is in the possession of the lienholder.