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Current as of January 01, 2024 | Updated by Findlaw Staff
When a statutory lien on personal property has been satisfied, the holder of the lien, within thirty days after satisfaction, shall cause a certificate of discharge to be transmitted to the recorder or the clerk of court of the county where such lien is filed. Such satisfaction must be filed and entered by the recorder or clerk of court without fee or charge. Every person, firm, corporation, or limited liability company failing to comply with the provisions of this section is liable to the owner of such property for the damages sustained by reason of such failure and exemplary damages of ten dollars for each and every satisfaction not transmitted.
Cite this article: FindLaw.com - North Dakota Century Code Title 35. Liens § 35-01-28. Discharge of statutory lien on personal property must be filed--Penalty - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-35-liens/nd-cent-code-sect-35-01-28/
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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