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Current as of January 01, 2024 | Updated by Findlaw Staff
The sale of any property in satisfaction of a lien, or in case of personal property, the wrongful conversion thereof by the person holding the lien, extinguishes the lien thereon. In an action for the conversion of personal property, the defendant may show in mitigation of damages the amount due on any lien to which the plaintiff's rights were subject and which was held or paid by the defendant or any person under whom the defendant claims.
Cite this article: FindLaw.com - North Dakota Century Code Title 35. Liens § 35-01-20. Extinguishment of lien by sale or conversion of property--Mitigation of damages in conversion - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-35-liens/nd-cent-code-sect-35-01-20/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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