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46 USC 31305 - Waiver of lien rights

Legal Research Home > US Code > Shipping > 46 USC 31305 - Waiver of lien rights

Sec. 31305. Waiver of lien rights

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.

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Last modified: July 21, 2011