statutory lien
Definition
Involuntary lien created by the operation of law. Statutory liens (such as a tax lien) do not require the consent of any party or a court order to be enforceable.
Mentioned in these definitions
Popular 'Agreements & Contracts' Terms
statutory lien in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/statutory-lien.html







